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（1）Analysis Reason: The current support for crude oil mainly comes from geopolitical risk premiums and inventory changes. The escalation of tensions in the Middle East has led the market to reassess supply security issues, especially with increased transportation risks in the Strait of Hormuz, pushing up the price floor. Meanwhile, the latest US inventory data showed a larger-than-expected decline, indicating a short-term tightening of supply and demand. However, the global economic growth outlook is still affected by trade policies and the financial environment, and the improvement on the demand side is limited, which restricts a rapid breakout in oil prices. Overall, supply-side risks dominate in the short term, but the lack of sustained positive momentum makes it more likely for oil prices to remain at high levels.（2）Key Focus: Geopolitical situation, inventory data, US Dollar Index（3）Resistance: 66.80, 67.30, 67.60（4）Support: 66.00, 65.60, 65.00

Glonghui, February 24th｜Japanese Finance Minister Kaori Katayama: We will closely examine the details of the US Supreme Court's ruling on tariffs. We must note that the US tariffs on automobiles remain in effect. We will steadily implement investment plans in the US.

On February 24, Coinbob's popular address monitoring showed that as the price of HYPE continued to fall, the largest long position on-chain, suspected to be an “insider whale” related to HYPE’s listing, saw its unrealized loss expand to $17.2 million. From last night to this morning, this whale deposited a total of $2.4 million in margin in three transactions, lowering the liquidation price from $26.15 to $23.9. This address holds a 5x leveraged long position in HYPE, with a position size of approximately $36.18 million and an average entry price of $38.67. The current loss rate is about 237%, with only about 2.2% left before reaching the liquidation price. Since building the position before HYPE was listed on a certain exchange on October 23 last year, this whale has been in a long-term unrealized loss, without adjusting or reducing the position. The peak unrealized loss once approached $26 million, with the lowest liquidation price around $20.1.