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Bitunix Analyst: Insider Reveals Trump's Pledge to Halt West Coast Merger, Middle East Risk Eases Temporarily, Funding Sentiment Leans Stable

3 hours ago

September 25th: During the United Nations General Assembly, Trump pledged to Arab and Muslim leaders that he would not permit Israel to annex the West Bank, which temporarily alleviated concerns about the intensification of tensions. This action is regarded as a "red light" from the US in the Middle East and comes at a time when the international community is increasingly acknowledging the call for the establishment of a Palestinian state, presenting a cooling-off opportunity for geopolitics. From a macro perspective, this statement has mitigated the risk of localized conflict escalation and contributed to the stabilization of short-term risk assets. Nevertheless, investors still need to pay close attention to the Fed's subsequent interest rate policies and employment data, which are the primary drivers of medium- to long-term capital directions. Regarding the crypto market, BTC is currently fluctuating within the range of $111,000 to $113,000. The range below $109,000 to $107,000 is the main support zone, and a break below this level will trigger a concentration of long liquidation positions. On the upside, the range of $118,000 to $122,000 is a resistance zone with a high density of sell orders. Bitunix analysts suggest: The event indicates a shift towards a more conservative US stance on Middle East issues, which may aid in boosting market risk appetite in the short term but does not alter the underlying geopolitical uncertainties. At the macro level, Fed policy remains the key observation point, and geopolitical easing can only provide temporary confidence. In the crypto market, it is advisable to monitor whether the $108k to $109k support level holds firmly in the short term. Breaking above $118k and maintaining that level would provide an opportunity to challenge higher price ranges.
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