Bitcoin yesterday during the white session fluctuated narrowly between 70,000 and 71,500 USD. In the evening, influenced by news and capital outflows, it directly broke through the 70,000 level, with a low of 67,745 USD, and a high retreat of nearly 6,000 points. Subsequently, it traded weakly around 68,000, with no strength for a rebound and clear resistance. The moving averages are in a bearish arrangement, and the structure is biased bearish, indicating that the overall remains in a weak zone dominated by a downtrend. Coupled with the light liquidity over the weekend, it is expected that the short-term will mainly be a correction with oscillation. After the correction, the probability of continuing downward and testing support again is higher.

Respectfully salute🫡, translation: The impact/disruption of Bitcoin on banks will be similar to how email impacted the Post Office back in the day. From Dec 29, 2011

Oil prices surge to $90, but the crypto world is trembling Recently, international oil prices have been soaring like they've been injected with adrenaline, with U.S. crude approaching $90. Traditional markets might just frown at this number, but the crypto circle usually reacts with panic. The reason is simple: Oil price increase → Inflation expectations → Federal Reserve hesitant to cut rates → Risk assets under pressure. So many traders' thought processes are like this: Oil prices rise Bitcoin should fall Altcoins crash The logic sounds reasonable, but the problem is— The market never follows textbooks. Historically, there have been many periods when rising oil prices coincided with rising risk assets. The reason is simple: strong energy demand usually indicates the economy is still running. Even more interestingly, while oil prices are climbing, Trump is pushing the CLARITY Act, aiming to provide clearer regulatory guidance for the crypto industry. This creates a very surreal scene: Macroeconomic fears are brewing Policy signals are being sent Market sentiment chooses to focus only on the first half. This is the most fascinating part of financial markets: People are always more sensitive to bad news. But the rules of capital markets are cruel— Those who truly make money are often the ones who stay calm amid panic. So the current market state is actually very much like a swinging pendulum: Sentiment in extreme fear Policy gradually clarifying Funds quietly positioning The only question left is: When everyone becomes optimistic again, Will the prices have already risen enough?#原油价格飙升