Phyrex
Phyrex|Mar 01, 2026 20:51
I really tossed around all night today, and I forgot it was the weekend. Either I was watching the geopolitical conflicts related to Iran or studying X's paid cooperation policy. Currently, the conditions on X that prohibit paid promotion of cryptocurrencies have been modified. Except for Australia, the European Union, and the United Kingdom, all regions can now promote cryptocurrencies for payment. Of course, the disclosure that needs to be done still needs to be done. I have already seen an English account being penalized for post deletion. The geopolitical conflict is even more troublesome. It was thought that the supreme leader of Iran, Ayatollah Khamenei, had died. The United States also destroyed the Iranian naval headquarters and sank nine Iranian naval ships. The war should be almost over here. Trump also said that he was ready to negotiate, but now the fire has not ended, the blockade of the Strait of Hormuz has not been lifted, and the price of oil may rise tomorrow. The most troublesome part is still the risk market. If the weekend ends, the impact on the US stock market on Monday will not be significant, and cryptocurrencies can also rebound. However, if it does not end now, the stock market's reaction is unlikely to be good. Tomorrow morning, there will be a reaction from Asian partners on CME, and tonight it will be the reaction from US and European investors. I am worried about it now. Looking back at Bitcoin's data, this weekend was not peaceful at all. There were a bunch of moths, trading volume continued to decrease, turnover rate slightly increased, and investors' purchasing confidence continued to be low. This is normal. I had planned to spend a good weekend traveling for three days, but these three days were even more tiring than staying at home. Fortunately, BTC turnover was still mainly among short-term investors, and there was not much interest from earlier investors. At present, the chip structure is still quite good, and it is estimated that it will not be too bad even on Monday. However, due to insufficient liquidity and poor purchasing power, even if the chip structure is good and more investors have not participated in the turnover, the short-term investors' exit is still squeezing out the already limited funds. Let's talk about it on Monday. bitget VIP, Lower rates and more generous benefits
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