Phyrex
Phyrex|Apr 16, 2026 21:13
On Wednesday, it was felt that the conflict between Iran and the United States had further improved. Today, Israel and Lebanon also reached a temporary ceasefire agreement, which eliminates the reason for Iran to block the Strait of Hormuz. If Iran does not block the Strait of Hormuz, the United States will not block Iran's ports, and the tense emotions should be eased. However, although the risk market has already celebrated in advance, WTI and Brent are also rising, and even the US dollar is rising. After turning around, we didn't find any bad news. Even Trump, who has never made a statement on extending the ceasefire, began to relax today. Theoretically, the market sentiment is good, and the reason for the rebound in oil prices is still unclear. But if Iran can lift the blockade of the Strait of Hormuz, the decline in oil prices should be highly probable, not to mention the ceasefire between the United States and Iran. In addition, I have always emphasized that even if there is a ceasefire, this war is not the main reason to prevent the risk market, especially for BTC, the focus should still be on monetary policy. Looking back at the data of Bitcoin, the chip structure is still very stable. Although the trading volume is declining, the conversion rate is also decreasing, which once again proves that low prices are difficult for investors to hand over their chips. Previously, it was emphasized that investors are very interested in BTC below $70000. Now it seems that this is indeed the case. At this stage, investors' game is still a comprehensive ceasefire between Iran and the United States, as well as a decline in oil prices. Bitget VIP, Lower rates and more generous benefits
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