Why has volatility been so weak recently? We can look at this from three angles:

1. Federal Reserve policy expectations have been fully digested, no new rate signals, US dollar and Treasury yields are stable

2. Middle East geopolitical conflict has entered observation period, no sudden escalation/de-escalation news, risk-off sentiment dulled

3. Funds are watching between stablecoins and gold, no large-scale inflows/outflows into crypto market

For those holding long positions, we don't need to rush. As mentioned earlier, first park the position in. I'm very confident about the current bull trend. For friends who haven't entered yet, feel free to go long at the 70000 level #Gate正式接入Polymarket $ETH $BTC