* The crypto market is still in a consolidation phase, with BTC trading in the range of $105,500-$113,500, while Altcoins have seen a sharper decline.
* Fund Flow indicates institutional investors remain confident in BTC (Spot BTC ETF net inflow of +$335M vs. ETH ETF net outflow of -$23M) -> BTC Dominance increases.
* Positive Factors: Hong Kong approves the world's first Spot Solana ETF / The Fed is considering opening payment accounts for crypto companies.
* The BTC/XAU Ratio is in a low zone, signaling the opportunity for BTC to outperform gold.
* J.P. Morgan recommends allocating ~4% o