#Gate广场四月发帖挑战 April 7, 2026 Crypto Market Morning Report 1. Market Wrap-Up: BTC Stages a “Short Squeeze” Rebound Price Performance: Driven by expectations of a U.S.-Iran ceasefire, market risk appetite has rebounded. Bitcoin (BTC) briefly broke above $70,000 during the day (peaking at $70,300), and the 24h gain was about 4%; Ethereum (ETH) rose in tandem to around $2,160. Capital Clash: This is a typical “short covering” rally. Over the past 24 hours, roughly $314 million was liquidated across the entire network, with more than 80,000 people being liquidated, of which the share of short-position liquidations was over 70%. Currently, with the price hovering near the $70,000 level, strong resistance is being faced; be alert for a potential fade after a push higher. 2. Regulatory Signals: SEC “Safe Harbor” Proposal Submitted to the White House Policy Booster: The SEC’s crypto “Safe Harbor” proposal has been submitted to the White House for review. The proposal includes a “startup exemption” clause, allowing crypto projects to receive a 4-year regulatory grace period under certain disclosure conditions. If approved, it would greatly ease compliance pressure on early-stage projects. Clear Classification: The SEC and CFTC jointly released digital asset classification guidance, clearly defining regulatory boundaries for non-security assets such as “digital commodities.” The commodity attributes of assets like XRP and BTC have been further reinforced. 3. Institutional Updates: MicroStrategy Adds More and Quantum “Threat” Talk Institutional Increase: MicroStrategy again added about $330 million worth of Bitcoin, showing its long-term bullish stance. US Bitcoin spot ETFs also ended their streak of outflows and shifted into net inflows. Potential Risks: Google’s quantum team released a white paper stating that quantum computers in the future may significantly shorten the time needed to crack Bitcoin private keys (theoretical projections). Although this is a long-term threat (expected to be around 2029–2030), it has still sparked discussion among some technical-investor circles. 4. What to Watch Today: Geopolitics and SOL Support U.S.-Iran Situation: Although ceasefire expectations are pushing prices higher, there is still a risk that negotiations could break down. If the situation becomes tense again today, the $68,000–$69,000 support level will be tested. Key Level for SOL: Solana (SOL) followed the rebound to around $81, but it must hold the $78–$80 support zone; if that level is lost, it could trigger a new round of selling pressure. One-Sentence Summary: Regulatory optimism (safe harbor) and geopolitical easing (ceasefire) are the two main positive catalysts today, but the pressure to take profits above $70,000 cannot be ignored—don’t chase rallies blindly.

#Market Crypto updates &Stock Short Update: HTC, ETH, SOL, XRP HTC (stock, TPE:2498): Trading near NT$45–46, down ~2% on the week. No major blockchain phone announcements; volume remains thin. Support at NT$42, resistance NT$50. $ETH ETH: $3,550–$3,600 range, consolidating after recent sell-off. ETF outflows slowed, but gas fees remain low. Next move depends on BTC direction; key support $3,400, resistance $3,800. $SOL SOL: $185–$190, up 5% over 7 days. Network activity steady with ~2.5M daily active addresses. Firedancer testnet progress positive. Watch $200 resistance; break could target $220. $XRP XRP: $0.52–$0.53, flat on the week. Ripple vs. SEC appeal timeline extended to January. Low volatility; range $0.48–$0.56. Court ruling clarity still the main catalyst.