Group 1 - The recent conflict between Iran and Israel led to a significant market reaction, with Bitcoin's value temporarily dropping to 716,000 RMB (approximately 98,000 USD) before recovering to 756,000 RMB (103,600 USD) after a ceasefire was reached [1] - The market is showing signs of resilience, with Bitcoin maintaining a critical support level at 756,000 RMB, which is seen as a psychological barrier for bullish investors [1] - Historical data indicates that Bitcoin has only experienced two significant corrections of over 30% since the bull market began in November 2022, suggesting a strong market structure [3] Group 2 - The net inflow of Bitcoin into Binance has drastically decreased to 5,700 BTC, which is less than half of the four-year average, indicating a shift towards a "HODL phase" where investors are holding onto their assets [3] - The funding rate for Bitcoin perpetual contracts on Binance has dropped to -0.0033%, suggesting that many speculators are betting on a price decline, which historically has led to significant price increases when similar conditions occurred [3] - The U.S. housing finance market is now allowing Bitcoin to be used as collateral for mortgages, marking a significant policy shift that could open up substantial new demand for Bitcoin [5] Group 3 - The FHFA's directive allows borrowers to use Bitcoin holdings as proof of loan qualification without converting to fiat currency, which could lead to an influx of institutional interest in Bitcoin [5] - Bitcoin's price is currently consolidating between 770,000 and 778,000 RMB, with technical indicators suggesting a bullish trend [5] - The market is at a critical juncture, with a potential breakout point at 109,300 USD (approximately 797,000 RMB), which could lead to significant upward movement if surpassed [5] Group 4 - Tether is investing 10 billion USD to create the largest Bitcoin mining operation, indicating a strategic move to enhance Bitcoin network security and potentially increase market influence [5] - Altcoins are also showing bullish signals, with XRP and Ethereum breaking key resistance levels, suggesting a broader market rally may be underway [5] - The recent geopolitical tensions and U.S. policy changes are reshaping the underlying logic of currency value, positioning Bitcoin as a viable asset in traditional finance [7]

Core Viewpoint - The recent surge in gold prices has sparked significant interest in gold investment, with spot gold prices reaching over $3,440 per ounce and approaching $3,500 per ounce, marking a year-to-date increase of over 29% [2] Group 1: Gold Price Trends - On April 11, domestic gold jewelry prices surpassed 1,000 yuan per gram, with major brands like Chow Tai Fook and Luk Fook Jewelry reaching 1,082 yuan per gram by April 22 [2] - Historical data shows that gold prices have increased dramatically from $20 per ounce in 1850 to $3,500 per ounce in 2025, representing a 175-fold increase [8] - During Trump's first term, gold prices consistently rose, with notable increases from $1,150 to $2,075 per ounce, reflecting a shift from commodity-driven to currency-driven attributes [10] Group 2: Investment Channels - Various channels for purchasing gold include physical gold (bars and jewelry), account gold (paper gold through banks), gold ETFs and funds, and high-risk gold futures/options [4][5] - Buying gold jewelry is often not a profitable short-term investment due to high recovery costs and potential purity issues, with recovery rates typically at 85%-95% of market price [6] Group 3: Future Outlook - If "Trumpism" continues, characterized by tariff policies and fiscal expansion, the "crisis premium" of gold is expected to further increase [11] - The current market conditions suggest that investing in gold remains a viable option, despite inherent risks [12]