April 9, 2026 Live Summary

Recently, Bitcoin's trend has been a bit volatile, rising more and more, instead of falling back, it has increased from the initial 650 to now 720. Back in the Russia-Ukraine war, it was the same—prices kept climbing higher, but eventually, it suddenly dropped. I don't know if history will repeat itself.

If oil prices can return to around 60, the Federal Reserve will not cut interest rates, and maintaining high levels will increase the likelihood of rate hikes. Data shows that rate hikes could go up to 10%. Even without a rate cut, maintaining no rate change makes it very difficult to push overall prices higher.

Today, Tom Lee said the US stock market is about to explode and has bottomed out. I stick to my view that, in this economic environment, it's very challenging. Plus, with China's AI, chip, and aerospace impacts, we can only wait until Powell steps down to see the situation.

Now, it depends on whether Bitcoin can break through 728, reach 740-760. If it breaks 760, a bull market will begin, but I think the probability of that is very small. I maintain my view—first observe whether 728 is broken. I see a maximum of 740, and I think the chance of not breaking 728 is high. We’ll only know after tomorrow’s close and trend. I won't just analyze without action; I’ve already entered a short position at 720 again. I’m really fighting it out with 720, having made four trades at 720.
Accepting losses, but if the direction is right, profits will come.

My view on the US-Iran situation is that negotiations are impossible to reach an agreement. Both sides’ demands are inherently irreconcilable. I just dislike Trump—this crazy guy—plus Iran and Israel jointly exploiting the global market. It looks powerless and only follows along. I regret not being the US president; then I could draw candlestick charts too. It’s really shameless.
Now, Bitcoin's rise is accompanied by a fall, showing some inverse correlation. I haven't seen this kind of relationship in the crypto circle for years, indicating that Bitcoin has deeply integrated into the entire international financial system. Still, I need to keep learning.
‍$BTC