Chip stocks pull back dragging Nasdaq; BTC remains in short-term range-bound consolidation

🔍 Key Insights

• 📊 Market Review

• Ahead of the Federal Reserve interest rate decision, market trading logic continues to revolve around easing geopolitical risks. Rising expectations of a US–Iran peace agreement have driven capital rotation from energy sectors into risk assets. The Dow Jones hit another all-time high, while profit-taking in chip stocks dragged both the S&P 500 and Nasdaq lower. SpaceX rose nearly 5% on its third trading day, pushing its valuation above Amazon and further reinforcing momentum in the tech growth sector. In the crypto market, BTC failed to sustain momentum after briefly approaching $66,900 and has since…