BTC Breaks $106K, Risk Sentiment Recovers

1/ BTC surpassed $108K today, rising about 1.3%, attributed to the easing situation in the Middle East and a weakening dollar.

2/ ETH, SOL, XRP, and others rose similarly, indicating that the overall market sentiment has shifted from risk aversion to risk appetite.

3/ My view: This is a signal of short-term recovery in risk sentiment, but whether it can sustain will depend on the upcoming developments in the Middle East and the dollar's trend.