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07:23
Economist: Whether the yen can "recover" depends on the communication logic between the government and the central bank
Golden Ten Data reported on April 2 that economist Hideo Kumano stated that the relationship between the Bank of Japan and Prime Minister Sanae Takaichi will determine whether the next interest rate hike can successfully boost the yen. Kumano pointed out: "If the Takaichi administration criticizes the Bank of Japan's interest rate hike, the momentum to reverse the yen's depreciation will be weakened." Although Sanae Takaichi is considered to favor a loose monetary policy, addressing the rising cost of living is one of her administration's most important issues. With energy prices soaring, this task is becoming increasingly complex. Currently, overnight index swap market pricing shows a 70% probability of a Bank of Japan rate hike in April.
07:20
Bank of America raises Marvell Technology's target price to $125
Glonghui April 2|Bank of America has raised the target price for Marvell Technology from $110 to $125, maintaining a "Buy" rating. (Glonghui)
07:20
Are you ready! CL holds steady above the MA120 half-year line, MACD golden cross confirmed, Trump's speech on Iran boosts oil price expectations
According to Hyperliquid data: The CL/USDC perpetual 4H candlestick chart shows the price currently around 105.85, having successfully stood firm above the MA120 half-year moving average. From a technical perspective, since rebounding rapidly from its previous low, the price has repeatedly tested the MA120 moving average precisely and received strong support for further rebounds. The MA120 acts as a stable medium-to-long-term dynamic support, with the overall 4H structure displaying higher lows and the initial formation of an upward trend, indicating obvious signs of bullish control. In terms of the MACD indicator: The DIF has crossed above the DEA, forming a golden cross signal, and the histogram has shifted from the negative zone to the positive, indicating that short-term momentum has reversed at the bottom, and upward momentum is beginning to be released. Trading volume has increased significantly during the price rebound, with healthy volume-price correlation and no obvious bearish divergence, showing that bullish funds are increasing their participation and there is still potential for further upside testing in the short term.Impact of Trump’s Speech: In a national address, Trump made it clear that the war with Iran would continue for "two to three weeks." If an agreement cannot be reached, the US will strike Iran's power plants and aims to "bring Iran back to the Stone Age." He emphasized that America’s core strategic objectives are nearing completion, that Iran’s navy and air force have basically lost their capacity, and he announced that the US will no longer import oil through the Strait of Hormuz in the future. This tough stance immediately triggered concerns in the market regarding short-term geopolitical supply uncertainties. After the speech, US crude oil prices quickly soared above $103 per barrel, Brent briefly broke through $106, and oil price volatility increased significantly.Trading Opportunity Analysis: The 4H MA120 provides reliable support; the MACD golden cross confirms a bottom reversal. Combined with the geopolitical and macro catalyst from Trump’s speech and the high trading volume weight of crude oil on the Hyperliquid platform, multiple factors are resonating, making a short-term upward move for CL highly probable. However, geopolitical developments are uncertain and could trigger sudden volatility, so it is advised to set strict stop-losses, manage leverage reasonably, and consider short-to-medium-term swing trading.Act now: With AiCoin, you can authorize Hyperliquid with one click, place orders at lightning speed, and truly win on order execution speed!
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