On April 18th, the Middle East situation directly played out a "48-hour big reversal"—the day before, Iran just said the Strait of Hormuz was open to all ships, and Trump even praised it as a "good thing." But the next day, Iran suddenly changed its tone to full control, requiring all ships to follow designated routes and get permission from the Revolutionary Guard!


This strait is the lifeblood of global energy—30% of oil and 20% of liquefied natural gas pass through here. Shipping markets immediately exploded, oil tankers hurriedly turned around to avoid risk. Financial markets became even more panicked, Bitcoin plummeted, dropping below $76k, with over 156k traders liquidated in 24 hours, totaling over $700 million in liquidations. Mainstream coins like ETH and SOL also fell!
What's more interesting is that ETF funds also panicked, with a net outflow of $296 million last week, and BlackRock's IBIT alone withdrew $158 million. But today, BTC has already rebounded to around $76k. Now the key is whether it can hold above $74k; if it drops below $72k, it probably will fall further.
Honestly, don’t make reckless moves now! Avoid high-leverage contracts, you can buy spot in small batches. After all, institutions are still secretly buying (BlackRock had a net inflow of $34.7 million today). The Middle East situation isn’t easing, the market will still be volatile. Just follow the funds and stay steady! $BTC
BTC-1.22%
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