On April 14, as Hyperliquid's trading volume reached a nearly two-month high, the 'echo chamber effect' of the U.S.-Iran negotiations intensified, leading to increased market optimism. Bitcoin led a strong rebound in the crypto market today, with several institutions increasing their crypto positions. Among them, Matrixport's two related addresses saw their unrealized profits expand to $36.3 million, with a total holding scale of $335 million; BlackRock withdrew 2,004 BTC from Coinbase, valued at $144.82 million. Alongside institutional buying, multiple analysts have also turned bullish on the cryptocurrency market: Bitmine Chairman Thomas 'Tom' Lee stated, 'Bitmine has maintained an accelerated pace of purchasing ETH every week for the past four weeks, as our fundamental assessment is that ETH is in the final stage of a 'mini crypto winter.' In the past week, we acquired 71,524 ETH, the highest purchasing rate since the week of December 22, 2025.' Crypto analyst Amr Taha pointed out that several indicators reflect that Bitcoin's holdings are shifting from weak hands to strong hands, showing a steady accumulation rather than aggressive selling. CoinGlass's liquidity map indicates that a significant amount of visible liquidity is concentrated in the $86,000 to $90,000 range. Market sentiment has turned bullish, with traders setting a target price of $88,000 for Bitcoin. CoinDesk analyst Shaurya Malwa noted that Bank of Japan Governor Kazuo Ueda has signaled a dovish stance, indicating a more cautious approach given the uncertain impact of the Iran war on the Japanese economy, which supports Bitcoin's rise. Liquid Capital (formerly LD Capital) founder Yi Lihua expressed continued optimism for this rebound, stating that trading altcoin contracts is a guaranteed losing game.
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