Latest / DeepMarket: Crypto Daily
2026-04-23：Geopolitical Truce and $286M Short Squeeze Propel Bitcoin Through Six-Month Resistance
What happens when a global superpower demands Bitcoin to cross one of the world's most critical shipping lanes? Today, we uncover how escalating tensions in the Strait of Hormuz just triggered a massive $286 million short squeeze, pushing Bitcoin to the brink of $79,000. But the rally might be a trap. With a historic $10.8 billion options expiry looming tomorrow, a gravitational pull toward a $75,000 'max pain' level is threatening to crush late buyers. Plus, we reveal why whales are quietly abandoning Ethereum despite massive corporate buy-ups, and how a new oracle war is crowning a surprise…
The skinny
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