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Click on the link to enter the meeting: https://meeting.tencent.com/dm/L1CrUCgvqNKE Brothers, tonight at 10 o'clock, start broadcasting on time. There are only two words on the market today - stalemate. 【 BTC 】 Currently around 64200, it has been fluctuating in the range of 63500-65000 from weekend to daytime today. The suppression above 65000 is obvious, but it has never been able to effectively stand up. ETH is relatively stronger, around 1860, and has risen by 5% in the past seven days, making it the strongest performing mainstream currency. But the four hour Bollinger Bands closed significantly over the weekend, and the upward momentum was noticeably depleted. Why are you stuck here? Two forces are fighting On the bearish side: The US Iran conflict has entered its ninth day, with the US launching attacks on Iran for nine consecutive nights. Brent crude oil surged to $91.42 at one point, reaching a new high since June. Rising oil prices=rising inflation=the Federal Reserve finds it harder to loosen its grip, putting pressure on risky assets. The yield on two-year US Treasury bonds has surged to 4.2%, nearly 50 basis points higher than the policy rate, and the market has "delegated" the Federal Reserve to raise interest rates. On the bullish side: Bitcoin spot ETF recorded net inflows for two consecutive weeks, reaching $75.67 million last week, ending the previous two month long withdrawal wave. BlackRock's IBIT led the way with a net inflow of $204 million in a single week. Although the cumulative inflow of 273 million in the past two weeks is still a drop in the bucket compared to the previous outflow of 8 billion, the direction has changed - institutions have started to attract funds again around 64000. Tonight at 10 o'clock, we will talk about three things 1、 The US Iran conflict continues to escalate, with oil prices breaking 92, how long can BTC hold on? 2、 Is ETF's return for two consecutive weeks a real institutional bargain hunting or a short-term fund game? 3、 How significant is the linkage effect between Alphabet and Tesla's financial reports this week on the cryptocurrency market? Tencent Meeting: 875-8742-6575 QQ group: 1105107912 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.
