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BTC macro matters
1. Geopolitical Situation: Trump said that Israel and Iran have fully negotiated and are ready for a complete ceasefire. However, the Iranian foreign minister stated that a genuine ceasefire agreement has not yet been reached, although Iran is willing to move towards that step. As you can see, their statements are different. But anyway, in terms of geopolitics, there seems to be a period of easing in the short term, and people’s tolerance for risk has also increased.
2. Big moves by the Texas government: The government of Texas plans to spend $10 million to buy Bitcoin. This is good news for the market as it indicates that new funds are coming in, which can be considered a positive development.
3. Bitcoin spot ETF situation: The Bitcoin spot ETF has been receiving money, indicating a state of net inflow. #加密市场反弹