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Geopolitical tensions pushed oil prices to $105, the Strait of Hormuz blockade took effect, and everyone thought $BTC was going to collapse—only for an epic counterattack to unfold.
Yesterday’s last 24 hours were way too dramatic: someone went all-in on a 40x leverage short on BTC, got liquidated 10 times in a row—total losses of $48.4 million—then the account was left with only $7,700… leverage turned into fireworks 😂
At the same time, Michael Saylor quietly spent $1 billion to buy 13,927 BTC, with an average price of $71,800, sending only two words: Think Bigger. Low-key, yet domineering.
Today, WSJ reported that even Saudi Arabia is urging the U.S. to lift restrictions as soon as possible—they’re worried that the Strait of Mand may also get blocked. This is the harshest bearish signal.
$BTC surged from 70,456 all the way to 74,906; those brothers who dared to bottom-fish when fear was extreme are already up +6% and laughing out loud—but this is definitely not a reason for you to chase the rally right now.
April 16’s U.S. CPI data is coming out soon. Under the $105 oil price pressure, if inflation comes in above expectations, all rebound logic will need to be repriced. The funding rate is still negative—shorts haven’t been fully cleared out, and they’re still stubbornly resisting. Saylor can afford the loss—what about us?
When fear is extreme, smart money always quietly goes and does big things. Our risk management is always first—don’t FOMO; wait for the CPI data to decide.
DYOR