Tonight, BTC still leans toward short-term sideways movement with a slight upward bias.

The reason isn't complicated. First, regarding the Middle East situation, over the past 24 hours, the market has started to bet that the conflict may cool down. Oil prices have retreated from their highs, and global risk assets have clearly taken a breather. U.S. stocks also rebounded. For BTC, this environment is at least much more friendly than "oil continues to surge and markets keep crashing."
But don't get too optimistic too quickly. Recently, U.S. Treasury yields, inflation expectations, and uncertainties brought by the war are still present. The market is just trading the easing of tensions, not fully digesting the risks. As long as there’s another sudden Middle East news or oil prices spike again, BTC will still be dragged along and fluctuate.
In the crypto space, institutional funds haven't shown obvious withdrawal, and the narrative hasn't collapsed, so right now it looks more like a high-level tug-of-war rather than a trend that has already turned bearish. My view is: tonight through tomorrow, BTC is expected to trend upward but more as a slow push rather than a sharp one-sided surge. If it can hold key support levels, there’s still room to go higher later; if macro sentiment turns sour again, it’s better to treat it as a sideways market for now.