The market shows mixed signals with some risk assets like Bitcoin and Ethereum showing signs of capitulation and oversold conditions, while commodities like Gold, Silver, Platinum, and Oil are showing strength and potential upside. US indices and regional banking ETFs are showing strength, but their sustainability needs to be watched. US manufacturing activity is showing expansion, but AI's impact on productivity and job growth remains a key factor. The overall market sentiment is cautiously optimistic, with a focus on inflation and potential interest rate cuts.