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📚Morning Flash: The Situation Escalates Again + The CFTC Moves to Block 24-Hour Oil Futures Contracts — Will Bitcoin Correct or Rebound Soon?
Good morning, brothers—I’m Ahao.
In today’s early session, the overall market is mainly displaying a choppy and weaker pattern. BTC has been repeatedly ranging between 61000-62500, with ETH falling in tandem. Major altcoins are showing clear divergence.
✅️Middle East tensions heat up again: Trump announces the end of a temporary ceasefire agreement with Iran. The U.S. military launches strikes on Iranian targets again. Iran responds firmly and signals a possible blockade of the Strait of Hormuz. Risk-off sentiment is clearly intensifying; gold prices remain elevated, creating short-term pressure on risk assets.
✅️The CFTC plans to move against CME’s 24-hour oil contracts: The U.S. Commodity Futures Trading Commission intends to prevent CME from rapidly rolling out its application for an all-day, around-the-clock oil futures contract. It is concerned that a large influx of derivatives could disrupt the energy market.
This development further heightens market worries about macroeconomic uncertainty.
The biggest variables in the current market still are geopolitical conflicts and regulatory developments. In the short term, risk-off sentiment dominates and BTC is under noticeable pressure. However, as long as it holds the key support of 60000-60500, the medium- to long-term trend has not been broken.
#GUSD年化升至3.8% $BTC