Bab el-Mandeb Strait remains open despite earlier closure threats

What To Watch

• 1.BTC $67,500 — a sustained break below this key support level, especially on high volume, would signal a potential retest of the $64,000 range and invalidate the recent bullish structure.
• 2.Stablecoin Dominance (Tether/USDC) — a significant increase (above 10% of total crypto market cap) signals a flight to safety and reduced risk appetite, potentially preceding further market downturns as capital exits riskier assets.
• 3.US CPI Report (Core MoM) — if core CPI comes in above 0.4% for the next release, it could force the Fed to maintain higher-for-longer interest rates, significantly dampening institutional capital inflow into risk assets like crypto.