Wintermute just spoke, BTC has surged back to 70,000, and ETH's ETF inflows have also set records; institutions are indeed strong this time. The current market is a typical 'macroeconomic market', with the focus entirely on the geopolitical situation in the Strait of Hormuz.

The script has already been written: if the situation eases, it will directly rush to 80,000; if talks break down, it will drop back to the mid-60,000s for consolidation. In this kind of market, fundamentals have to give way to news, and the resilience of the net inflow of funds into ETH has been surprising; the turnover of chips is quite solid. It seems everyone is betting on the easing of geopolitical conflicts. The old investors can only lament that now trading cryptocurrencies requires some understanding of shipping and diplomacy; this wave is truly worrying.

Do you all think this is just a bluff, or are we really going to break the historical high? #cryptocurrency #macroeconomic analysis #Wintermute $BTC $ETH

ETHUSDT

Perp

2,045.3

+2.06%

BTCUSDT

Perp

67,429.9

+0.95%