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April 8, 2026 Crypto Market Brief
BTC: Rebounded to $71,700, up approximately 4.7% in 24 hours. The direct reason is the US-Iran ceasefire, which has improved risk sentiment.
Key levels: Holding above $71,500 could see a move toward $86,000; support at $65,000.
ETH: Broke through $2,200, with exchange balances continuing to decline (a sign of long-term holding), with resistance at $2,400.
Macro: The probability of a rate cut in April is zero; inflation data will be released this week, causing short-term volatility.
Summary: Geopolitical easing has led to a rebound, but liquidity remains tight, so this should be viewed as a correction.