Bitfinex report: Trump's suspension of operations in Iraq triggered a rise in Bitcoin, rapid repricing of markets, geopolitical risks

The Bitfinex analysis report pointed out that as Trump announced a five-day postponement of a planned strike on Iran's power facilities and said that the negotiations between the United States and Iran were "very smooth and constructive", the market responded quickly. Bitcoin held steady at the beginning of the month of US$67,035 this week. At the opening level, it was again under pressure under the "vacuum zone" of US$72,000 to US$82,000. The flow of ETF further verified the sensitivity of the market reaction: On the day the United States suspended action, net inflows of ETFs reached US$167.2 million, of which IBIT absorbed US$160.8 million, the largest inflow in a single day since March 17, and net outflows for three consecutive days after the end of FOMC. Analysts believe that the flow of funds in the next two to three days will determine whether this rebound is a short-term "easing transaction" or a starting point for a new round of accumulation. If the daily inflow of ETFs remains more than US$100 million, the conditions for accepting the "vacuum zone" may be re-established; if the retracement deepens, Bitcoin may return to the previous consolidation range.