ChainCatcher message, QCP's analysis indicates that "the global market is in a wait-and-see mode, with market participants digesting geopolitical headlines and adjusting their risk exposure ahead of a potential resurgence in volatility.In the digital asset space, Bitcoin continues to trade sideways. Investor sentiment remains cautious, and market positioning suggests that participants are waiting for clearer catalysts.Currently, the cryptocurrency market is still in a buildup phase. The next headline, macro shift, or tail event could spark a resurgence of past volatility."