#每日币圈热点综述 In the past 24 hours, the crypto market has shown cautious fluctuations after high volatility, indicating a certain 'hedging' attribute. However, it has failed to reclaim the key resistance level of 70K, with moderate trading volume. Altcoins are weakening, and the market structure still leans towards BTC dominance.
During the weekend, the capital market is relatively quiet, the Middle East conflict continues, but fortunately, no major news has emerged. For the crypto market, the absence of significant negative news is considered a 'positive' factor, and Bitcoin is gradually rising within a narrow range.
During the weekend, Trump's attention shifted to domestic affairs in the U.S., welcoming hundreds of American farmers and farm owners on the South Lawn of the White House. The $12 billion aid being provided to American farmers by the Trump administration is ongoing. The midterm elections are a top priority for Trump and the Republican Party at this time, as American farmers are an important support base for Trump.
After the G7 meeting, U.S. Secretary of State Rubio, upon returning to the U.S., stated in a media interview that ground troops are not necessary to complete the operations. This is clearly aimed at stabilizing oil prices and confidence in the capital markets. It also echoes what Trump previously said, that 'the war will end in weeks.'
The Houthi forces in Yemen, supported by Iran, launched missile attacks on Israel over the weekend, which were intercepted by Israel's Arrow 3. There have been no reports of ground losses, but it triggered Israel's air defense alarms.
Yemen is over 1600 kilometers away from Israel's mainland. The Houthi forces' attack this time utilized weapons with maximum range from their arsenal. It carries greater symbolic significance, seeking a sense of presence in the Middle East conflict.
The Houthi arsenal is mainly supported by Iranian technology, achieving some degree of localized assembly and improvement. The attack on Israel should involve the 'Strong Wind' missile from their arsenal, with a maximum range of 1800 kilometers.
In 2026, intelligence shows that despite continuous bombardment by the U.S. military, the Houthi forces utilize Yemen's rugged mountains and complex tunnel networks to disperse assembly lines underground, making it extremely difficult to completely destroy them through airstrikes.
This attack marks the evolution of the conflict from the 'Persian Gulf Center' to the 'Red Sea-Mediterranean Dual Axis.' It further pressures the already precarious global energy supply landscape.
Using Wang Yangming's philosophy, this is a kind of practical operation of 'nurturing troops for a thousand days to use them for just one moment.' The Iranian theocratic government is already on shaky ground, and if the Houthi forces it nurtures do not act, it will be difficult to find space for survival in the future.
From this dimension, Iran's goal is still to gain negotiating leverage. If it is indeed extreme retaliation, then the Houthi forces in Yemen would choose to attack the Bab el-Mandeb Strait at their doorstep, as well as commercial ships in the Red Sea.
The interests game among various parties in the Middle East conflict has been detailed in yesterday's SPACE 'Unpacking the Interests Behind the Market Crash'. Interested friends can listen to the recording playback.
In this conflict, the loudest voice is Trump. For Trump, the midterm elections and the Middle East conflict are clearly more important, with the former taking precedence. Quickly ending this war is Trump's urgent priority, which is also currently Iran's only focus of maneuvering.
Today at 8:00 PM CST / 20:00 Beijing Time
We continue SPACE communication.
This issue's theme: 'U.S. Midterm Elections: Key Node for the Continuation of the Cryptocurrency Bear Market'