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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!

Golden Ten Data reported on April 2 that XS.com analyst Rania Gule indicated in a report that in the short term, crude oil prices are highly likely to break through $110 per barrel again. She said that after recent remarks made by Trump, traders are building positions in anticipation of further supply disruptions. Currently, the market has not fully priced in the risk of a comprehensive escalation of the Middle East situation, so short-term upside risks outweigh downside risks. However, analysts have a more balanced view for the medium term, as renewed expectations of a Federal Reserve rate hike could strengthen the US dollar, thereby putting pressure on dollar-denominated commodities such as oil. She added that the medium-term outlook for crude oil still depends on the ability of the global economy to absorb the impact of high interest rates.

BlockBeats News, April 2 — On April 2, the core contradiction in the market further expanded from “energy supply uncertainty” to “physical industrial capacity damage.” The largest aluminum producer in the Middle East, EGA, suffered a comprehensive shutdown after its smelter was attacked, and combined with production cuts at several aluminum plants in the region, this means the war is now affecting not just energy and shipping, but is directly disrupting the industrial metals supply chain and transmitting inflationary pressure from oil prices to the manufacturing end. This resonates with OPEC production cuts and blockages in the Strait of Hormuz, escalating global supply contraction from a single category to the dual squeeze of “energy + industrial raw materials.” Inflation expectations are surging again, and Federal Reserve officials have explicitly stated that the energy shock will fully drive up prices, with policy forced to remain restrictive. Meanwhile, Trump has outlined a clear timeframe, stating the next two to three weeks will see increased military strikes, but offered no path to reopening the strait or de-escalating the conflict. This has caused oil prices to rise rapidly and bond yields to recover, while gold, on the contrary, has been sold off. This shows the market is not entering a classic risk-off mode, but has turned to “repricing liquidity”— capital is moving out of non-yielding assets towards cash and assets with pricing power. Alongside the US considering potential tariffs on steel, aluminum, and pharmaceuticals, and synchronously promoting policies on technology, military, and resources, global trade and supply chains are being further fragmented, and risks are spreading across multiple fronts. The geopolitical structure remains highly unstable. Iran has shown no substantive willingness to negotiate and continues to strengthen regional strikes and strategic deterrence; this means the conflict is evolving from a bilateral confrontation into a multi-party engagement, increasing the risk of protracted and uncontrollable escalation. Against this backdrop, market behavior displays typically “short-term and defensive” characteristics. US employment and manufacturing data appear stable on the surface, but price indicators are rising in tandem, showing that the economy has not yet weakened but is already bearing cost pressures. As a result, capital is inclined to reduce duration and risk exposure. BTC remains the asset absorbing risk; upward liquidity continues to accumulate in the 69,000–70,100 zone but has not been effectively absorbed, with the price suppressed at 68,000, reflecting insufficient willingness among capital to take positions. The 65,500 level below is the key test area under the current structure; should the energy situation or warfare escalate again, this zone could trigger a chain liquidity release. Overall, the market has entered a new phase dominated by “supply chain destruction”: energy, metals, and geopolitics are all at play, pushing up inflation expectations without supporting growth, forming a classic mismatch between risk and price. In the absence of policy anchors and a solution to the war, asset prices will continue to be guided by liquidity and risk appetite.