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According to data from SoSoValue, the overall market experienced a slight decline. Bitcoin (BTC) fell by 1.99%, dropping below $72,000; Ethereum (ETH) decreased by 1.18%, falling below $2,100. The AI sector performed notably well, rising by 1.97%, with Siren (SIREN) up 32.75% and Kite (KITE) up 25.06%. In other sectors, the Layer2 sector rose by 0.49% over 24 hours, with zkSync (ZK) up 4.65%; the GameFi sector increased by 0.42%, with Four (FORM) up 5.58%; the CeFi sector rose by 0.41%, with a certain exchange platform token up 26.90%; the DeFi sector increased by 0.01%, with Lombard (BARD) up 55.00%; the Layer1 sector declined by 0.40%, with Kite (KITE) up 25.06%; the PayFi sector dropped by 0.40%, with Monero (XMR) up 1.23%; the Meme sector fell by 1.05%, with Siren (SIREN) up 32.75%. Indices reflecting the historical performance of sectors show that the ssiRWA, ssiNFT, and ssiLayer2 indices rose by 1.18%, 1.01%, and 0.92% respectively.

（1）Analysis: The strengthening of the US dollar and the market's reduced expectations for interest rate cuts have put short-term pressure on gold prices, but the escalation of conflicts in the Middle East continues to boost safe-haven demand, providing significant support for gold. The rise in oil and gas prices has reignited inflation concerns, making the market more cautious about the path of rate cuts. From a technical perspective, gold prices are maintaining a strong consolidation structure above $5,000, with the moving average system still in a bullish arrangement. The recent pullback is more about digesting gains at high levels. If risk aversion sentiment rises again, gold prices may still have the potential to retest historical highs. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation, non-farm payroll data (3) Resistance: 5,200, 5,250, 5,300 (4) Support: 5,100, 5,050, 5,000;

（1）Analysis Reason: The ongoing escalation of the Middle East conflict has significantly increased the risk premium on crude oil supply, with the security of transportation through the Strait of Hormuz remaining the core focus of the market. Approximately 20% of the world's seaborne crude oil passes through this channel, and if transportation continues to be disrupted, expectations of supply-side tightness will continue to support oil prices. Currently, WTI is trading around $78, with a previous single-day surge of 8.5% indicating strong bullish momentum. The daily chart has broken out of the consolidation range and stabilized above key moving averages, showing a bullish trend structure. Although the increase in US inventories has caused some price fluctuations, as long as geopolitical risks remain unresolved, oil prices are expected to maintain an overall upward trend.（2）Key Focus: Geopolitical situation, inventory data, US Dollar Index, non-farm payroll data（3）Resistance: 80.00, 81.00, 82.00（4）Support: 79.00, 78.00, 77.00