In Xiaobao Community Live Streaming: Risk or Avoidance? BTC hands over answers in conflict: Following US stock market

Click on the link to enter the meeting: https://meeting.tencent.com/p/7277739262 Today (April 5th), the overall news in the cryptocurrency industry showed the characteristic of "macro risk aversion overwhelming cryptocurrency narrative". Affected by the situation in the Middle East, risk assets are under pressure, and the "safe haven" attribute of Bitcoin has not been manifested, with market sentiment in the "extreme fear" range. Here is a quick overview of today's key news: Macro and Regulatory Dynamics ·Geopolitical conflict: The tense situation between the United States and Iran, coupled with a significant increase in oil prices, and market expectations that the Federal Reserve's interest rate cuts may be further postponed. ·Regulatory dynamics: International Monetary Fund (IMF) warns that tokenized finance may amplify market crises; The US Senate Committee is scheduled to review the nomination of the Federal Reserve Chairman on April 16th. Today's Focus Interpretation: Why is Bitcoin's "safe haven" myth shattered The most central change in recent news is that the safe haven narrative of Bitcoin's "digital gold" has been challenged. ·Abnormal performance: While traditional safe haven assets such as gold and oil prices soared due to geopolitical conflicts, Bitcoin did not follow suit and instead came under pressure along with risky assets such as the stock market. ·Deep root cause: Data shows that current demand on the chain is weak, and large wallets have shifted from increasing holdings to significantly reducing holdings in the past year. The market regards it as a highly liquid risk asset, but it is prioritized for sale when funds are tight. ·Key to the future: In the short term, the trend of Bitcoin may still be highly correlated with the situation in the Middle East and oil prices. How to trade the current market and how to use indicators are being explained in the live broadcast room Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.