Yesterday's Federal Reserve report largely confirmed bearish signals, and the market still has no reason to rise. Overall capital flow is moving into oil.

Today, gold experienced a sharp pullback to around 4800, and combined with the decline in US stocks, capital outflows are very evident. This is also influenced by Powell's speech. Oil is expected to see a significant drop after the Strait of Hormuz opens. If you're trading oil, it's best not to chase the highs.

Bitcoin has support at around 695. I believe if this support fails, the next support levels are at 687 and 655.

Last night, it hovered around 712 but did not hold, indicating weakness. During the live broadcast, some crypto friends went long here, but I advised against it at the time. If you did go long, use a stop loss—holding the position could very likely lead to liquidation.

Tonight, US stocks are expected to continue declining. The key is whether 687 can hold and whether a rebound is possible.