Tracking real-time hot topics in the crypto space and seizing the best trading opportunities. Today is Thursday, April 9, 2026. I am Wang Yibo! Good morning, crypto friends☀ Hardcore fans check-in👍 Like and get rich🍗🍗🌹🌹



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Yesterday, global markets experienced intense rotation driven by the news of a temporary ceasefire between the US and Iran: the three major US stock indices closed significantly higher, risk appetite fully rebounded; precious metals initially rose then fell back, with spot gold surging to $4,850 before quickly retreating, showing a rapid switch between safe-haven and risk pricing. The crypto market synchronized with the morning rally, with Bitcoin and Ethereum both hitting intraday highs, but due to continued low trading volume and weak buying follow-through, the white session entered a high-level consolidation. In the evening, prices retraced along with major asset classes, showing a pattern of rising and falling, with volume and price divergence. Under the fragile ceasefire situation in the Middle East and the fluctuating geopolitical and macroeconomic expectations, crypto funds are less willing to chase highs, and sentiment remains cautious. The short-term trend is likely to continue sideways consolidation. Yibo will continue to monitor the implementation of Federal Reserve policies, institutional fund flows, and on-chain data changes, providing real-time updates on layout strategies and target asset dynamics.

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Bitcoin sharply surged from the previous low of 67,700 to around the high of 72,700 in yesterday’s morning session, then entered a high-level consolidation. After a narrow range sideways movement during the white session, it attempted to push higher again in the evening, reaching near 72,800 resistance but failing to break through, then falling back. The lowest point was around 70,600 support, which held and rebounded. After rising to 71,900 in the evening, it retreated again, currently trading around 71,000. Overall, it shows a pattern of high-level range oscillation with repeated tug-of-war between bulls and bears. Resistance at 72,700-72,800 is clear, and support at 70,600 is effective. Short-term trading can be arranged around this range.

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Ethereum also experienced a strong rally yesterday, quickly rising from the low of 2,059. In the early session, it surged to a high of around 2,273, but momentum slowed down. During the white session, it maintained a narrow range of 30-40 points for consolidation. In the evening, it attempted to push higher again, reaching near 2,270 but faced resistance and pulled back. After dropping to around 2,183, it found support and rebounded, then rose again to about 2,239 before facing resistance and retreating. Currently, it is trading around 2,180. The overall market shows a pattern of resistance at the highs and repeated tug-of-war at high levels. Resistance at 2,270-2,273 is quite evident, while support at 2,180-2,183 is key for short-term trading. Bulls and bears are repeatedly battling within this range, and the short-term trend is leaning towards sideways consolidation with no clear direction yet.
BTC-0,07%
ETH-1,9%
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RoseAfterTheRainvip
· 17m ago
Steadfast HODL💎
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MakeSteadyProfitsvip
· 3h ago
Thank you, teacher, for sharing! Wishing you great luck and prosperity, 🐎. Wishing everyone wealth and success, 💰💰💰.
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RyoSaebavip
· 7h ago
Thank you for the update
Reply1
NoExplosionForSafetyvip
· 12h ago
Just go for it 👊
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BullAndBearBattlevip
· 13h ago
Thank you, teacher, for providing the latest information about the cryptocurrency market.
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JinshanYinshanvip
· 13h ago
Thank you, teacher, for providing the latest information about the cryptocurrency market.
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Ryakpandavip
· 13h ago
Hop in! 🚗
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Ryakpandavip
· 13h ago
Just go for it 👊
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BornForAmericaPandavip
· 14h ago
Gate News reports that on April 9, according to CoinDesk, South Korea's ruling party proposed the "Basic Law on Digital Assets," aiming to establish a comprehensive legal framework covering issuance, trading, custody, and regulation. The bill designates digital assets linked to fiat currencies or real assets, such as stablecoins, as a special category, requiring issuers to obtain licenses and meet capital, reserve, and redemption requirements. Additionally, the bill plans to introduce licensing and information disclosure systems, explicitly prohibit market manipulation and insider trading, and establish a Digital Asset Committee to oversee regulation.
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W009vip
· 14h ago
Thank you, teacher, for providing the latest information about the cryptocurrency market.
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