Woofun AI reports that escalating Middle East tensions and Strait of Hormuz closures have renewed global energy supply uncertainty, forcing markets to reassess inflation risks beyond short-term oil price fluctuations. Attention centers on U.S. June CPI and Federal Reserve Chair Powell's testimony, with core inflation viewed as the decisive factor for monetary policy direction.

Analysts note that persistent service sector inflation could sustain the Fed's high-rate stance, even if overall CPI cools.

Meanwhile, global AI infrastructure expansion continues, evidenced by Meta's $40 billion data center investment and TSMC's record revenue. BTC faces pressure near the $63,000 resistance level, with potential downside toward $60,000 support pending tonight's inflation data.