Risk appetite recovery, short-term positive sentiment

If the ceasefire agreement is successfully extended to 45 days and the conflict does not escalate again, the market's "tail risk premium" will disappear, and institutional funds will re-enter risk asset allocation, causing BTC/ETH volatility to decrease and the trend to become more stable and restorative.

If the ceasefire cannot be extended, and the conflict escalates again after the expiration on April 22, geopolitical risk will once again become the main theme of the market, and BTC/ETH will revert to risk-off selling logic, with prices likely to retest lows a second time, or even break below previous lows.
#加密市場回升 #美軍封鎖霍爾木茲海峽 #btc