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On April 8, the US and Iran reached a two-week ceasefire agreement, leading to a significant surge in stock markets across the Asia-Pacific region. The Taiwan Weighted Index rose by 4.61%, closing at 34,761.38 points. The Nikkei 225 Index increased by 5.39%, ending at 56,308.42 points. The South Korean KOSPI Index climbed by 6.87%, closing at 5,872.34 points. The MSCI Asia-Pacific Index saw its gains expand to 5%, while the Sri Lanka Stock Exchange Composite Index rose by 4.2%. Both the Indian SENSEX and NIFTY indices increased by 3.7%. In Europe, the Euro Stoxx 50 futures rose by 5.3%, the German DAX futures increased by 5.2%, and the FTSE 100 futures were up by 2.9%. (Jin Shi)

[US-Iran Ceasefire for Two Weeks Boosts Global Stock Markets]On April 8, the US and Iran reached a two-week ceasefire agreement, leading to a significant surge in stock markets across the Asia-Pacific region. The Taiwan Weighted Index rose by 4.61%, closing at 34,761.38 points. The Nikkei 225 Index increased by 5.39%, ending at 56,308.42 points. The South Korean KOSPI Index climbed by 6.87%, closing at 5,872.34 points. The MSCI Asia-Pacific Index saw its gains expand to 5%, while the Sri Lanka Stock Exchange Composite Index rose by 4.2%. Both the Indian SENSEX and NIFTY indices increased by 3.7%. In Europe, the Euro Stoxx 50 futures rose by 5.3%, the German DAX futures increased by 5.2%, and the FTSE 100 futures were up by 2.9%. (Jin Shi)

US-Iran Ceasefire for Two Weeks Boosts Global Stock Markets

On April 8, Cointelegraph reported that on-chain data and derivatives market indicators show that buying power for Ethereum is returning, but analysts warn that bulls must hold the $2000 support level. CryptoQuant data indicates that the net buying volume for Ethereum has remained positive since March 6, peaking at $140 million on March 16, and currently stands at $104 million. The net buying volume is an indicator of the imbalance between aggressive buyers and sellers in the derivatives market. CryptoQuant analyst Darkfost stated, "This is the first time we have observed such a mechanism shift in the Ethereum derivatives market since the last bear market." He added that if this trend continues and the spot market and ETFs start to follow, Ethereum is likely to restart its upward trend. As for futures open interest, the current position is 6.4 million ETH, close to the historical high of 7.8 million ETH set in July 2025, having gradually rebounded from a low of 5 million ETH last October. The flow of funds into spot Ethereum ETFs also turned positive on Monday, with a net inflow of $120 million, the highest single-day net inflow since mid-March. On the price front, analyst Ted Pillows stated, "As long as the $2000 support level holds, Ethereum is expected to push higher again; if it falls below this level, a new low for the year may follow." Glassnode's cost basis distribution data shows that over 3.5 million ETH have a holding cost concentrated around the $2000 mark; if this area is breached, the secondary support level between $1750 and $1800 has approximately 1.36 million ETH built up. If the price further breaks below these supports, the measured target of the symmetrical triangle points to $1460, which is about 30% lower than the current price.

[Analyst: Ethereum Buying Pressure is Returning, Holding $2000 Support is Key to Market Structure Reversal]On April 8, Cointelegraph reported that on-chain data and derivatives market indicators show that buying power for Ethereum is returning, but analysts warn that bulls must hold the $2000 support level. CryptoQuant data indicates that the net buying volume for Ethereum has remained positive since March 6, peaking at $140 million on March 16, and currently stands at $104 million. The net buying volume is an indicator of the imbalance between aggressive buyers and sellers in the derivatives market. CryptoQuant analyst Darkfost stated, "This is the first time we have observed such a mechanism shift in the Ethereum derivatives market since the last bear market." He added that if this trend continues and the spot market and ETFs start to follow, Ethereum is likely to restart its upward trend. As for futures open interest, the current position is 6.4 million ETH, close to the historical high of 7.8 million ETH set in July 2025, having gradually rebounded from a low of 5 million ETH last October. The flow of funds into spot Ethereum ETFs also turned positive on Monday, with a net inflow of $120 million, the highest single-day net inflow since mid-March. On the price front, analyst Ted Pillows stated, "As long as the $2000 support level holds, Ethereum is expected to push higher again; if it falls below this level, a new low for the year may follow." Glassnode's cost basis distribution data shows that over 3.5 million ETH have a holding cost concentrated around the $2000 mark; if this area is breached, the secondary support level between $1750 and $1800 has approximately 1.36 million ETH built up. If the price further breaks below these supports, the measured target of the symmetrical triangle points to $1460, which is about 30% lower than the current price.

Analyst: Ethereum Buying Pressure is Returning, Holding $2000 Support is Key to Market Structure Reversal

On April 8, data from Token Terminal revealed that the on-chain value of stablecoins on the Ethereum network has reached a historic high of $180 billion, accounting for 60% of the global stablecoin market share, with a 150% growth over the past three years. Token Terminal predicts that over the next four years, total on-chain capital inflows will reach $1.7 trillion, and if Ethereum achieves a 470% growth, an additional $850 billion in capital inflows is expected before 2030. Currently, major financial institutions such as BlackRock, JPMorgan, and Aberdeen Standard have launched tokenized funds on Ethereum, contributing to a record total supply of stablecoins reaching $315 billion in the first quarter of this year. If EVM-compatible chains and Layer 2 networks like Arbitrum, ZKsync Era, and Base are included in the statistics, Ethereum's market share could exceed 65%.

[Ethereum Network Stablecoin On-Chain Value Reaches Historic High of $180 Billion]On April 8, data from Token Terminal revealed that the on-chain value of stablecoins on the Ethereum network has reached a historic high of $180 billion, accounting for 60% of the global stablecoin market share, with a 150% growth over the past three years. Token Terminal predicts that over the next four years, total on-chain capital inflows will reach $1.7 trillion, and if Ethereum achieves a 470% growth, an additional $850 billion in capital inflows is expected before 2030. Currently, major financial institutions such as BlackRock, JPMorgan, and Aberdeen Standard have launched tokenized funds on Ethereum, contributing to a record total supply of stablecoins reaching $315 billion in the first quarter of this year. If EVM-compatible chains and Layer 2 networks like Arbitrum, ZKsync Era, and Base are included in the statistics, Ethereum's market share could exceed 65%.

Ethereum Network Stablecoin On-Chain Value Reaches Historic High of $180 Billion

On April 8, on-chain analyst Murphy stated that during the recent Bitcoin rally to $71,000–$72,000, the average realized profit over the past 24 hours was only about $18.79 million, significantly lower than the large-scale profit-taking seen in previous rallies. Meanwhile, short-term holders experienced an average realized loss of only about $6.06 million in the past 24 hours, which is considered extremely low in recent terms. Overall, market investor sentiment is gradually stabilizing, showing a noticeable improvement from the extreme pessimism observed in February. During price rebounds, profit-taking is not urgent, and those at a loss are also reluctant to cut losses easily, indicating that the market anticipates more room for higher rebounds. For short positions, it is advisable not to be overly stubborn. Although indicators suggest a need for overbought and divergence corrections, short-term opportunities are limited, and caution is necessary to avoid prolonged battles.

[Analysis: Limited Profit-Taking in Current Bitcoin Rally, Market Investor Sentiment Stabilizing Gradually]On April 8, on-chain analyst Murphy stated that during the recent Bitcoin rally to $71,000–$72,000, the average realized profit over the past 24 hours was only about $18.79 million, significantly lower than the large-scale profit-taking seen in previous rallies. Meanwhile, short-term holders experienced an average realized loss of only about $6.06 million in the past 24 hours, which is considered extremely low in recent terms. Overall, market investor sentiment is gradually stabilizing, showing a noticeable improvement from the extreme pessimism observed in February. During price rebounds, profit-taking is not urgent, and those at a loss are also reluctant to cut losses easily, indicating that the market anticipates more room for higher rebounds. For short positions, it is advisable not to be overly stubborn. Although indicators suggest a need for overbought and divergence corrections, short-term opportunities are limited, and caution is necessary to avoid prolonged battles.

Analysis: Limited Profit-Taking in Current Bitcoin Rally, Market Investor Sentiment Stabilizing Gradually

On April 8, according to market news, Cathie Wood's Ark Invest purchased approximately $13 million worth of Robinhood ($HOOD) shares, continuing its strategy of 'buying the dip.'

[Ark Invest Invests $13 Million to Increase Stake in Robinhood]On April 8, according to market news, Cathie Wood's Ark Invest purchased approximately $13 million worth of Robinhood ($HOOD) shares, continuing its strategy of 'buying the dip.'

Ark Invest Invests $13 Million to Increase Stake in Robinhood

On April 8, according to official news, HTX DAO confirmed its participation in the 2026 Blockchain Forum. During the event, Wendy Wang, Head of Huobi HTX for the CIS region, and Tigran Akhunts, Head of P2P Business for the CIS region, will be invited to attend and give speeches. They will engage in in-depth discussions on compliance and development opportunities in different global markets, as well as the evolving trends of the cryptocurrency trading market in the CIS region. Additionally, in the forum's authoritative industry awards, Huobi HTX and its global advisor Sun Yuchen have received multiple significant award nominations. Huobi HTX has been nominated for 'Best International Cryptocurrency Exchange of the Year,' while Sun Yuchen has been nominated for 'Most Influential Cryptocurrency Figure of the Year.' The Blockchain Forum is the largest cryptocurrency summit in the CIS region and will be held in Moscow from April 14 to 15, bringing together over 20,000 participants from around the world to discuss topics such as Web3, cryptocurrency, mining, and artificial intelligence.

[HTX DAO to Appear at Moscow Blockchain Forum on April 14, Huobi HTX and Sun Yuchen Nominated for Multiple Awards]On April 8, according to official news, HTX DAO confirmed its participation in the 2026 Blockchain Forum. During the event, Wendy Wang, Head of Huobi HTX for the CIS region, and Tigran Akhunts, Head of P2P Business for the CIS region, will be invited to attend and give speeches. They will engage in in-depth discussions on compliance and development opportunities in different global markets, as well as the evolving trends of the cryptocurrency trading market in the CIS region. Additionally, in the forum's authoritative industry awards, Huobi HTX and its global advisor Sun Yuchen have received multiple significant award nominations. Huobi HTX has been nominated for 'Best International Cryptocurrency Exchange of the Year,' while Sun Yuchen has been nominated for 'Most Influential Cryptocurrency Figure of the Year.' The Blockchain Forum is the largest cryptocurrency summit in the CIS region and will be held in Moscow from April 14 to 15, bringing together over 20,000 participants from around the world to discuss topics such as Web3, cryptocurrency, mining, and artificial intelligence.

HTX DAO to Appear at Moscow Blockchain Forum on April 14, Huobi HTX and Sun Yuchen Nominated for Multiple Awards

On April 8, Al Jazeera reported that Gulf Arab states expressed concern over the ambiguous situation in the Strait of Hormuz under the U.S.-Iran ceasefire agreement, including whether Iran will impose tolls during these two weeks.

[Gulf States Concerned About 'Ambiguous Situation' in the Strait of Hormuz]On April 8, Al Jazeera reported that Gulf Arab states expressed concern over the ambiguous situation in the Strait of Hormuz under the U.S.-Iran ceasefire agreement, including whether Iran will impose tolls during these two weeks.

Gulf States Concerned About 'Ambiguous Situation' in the Strait of Hormuz

On April 8, strategists at the Commonwealth Bank of Australia suggested that the US-Iran conflict may conclude in May rather than the previously expected June. Although the ceasefire has not ended the fighting, analysts view it as the beginning of the end. In a report, they stated that the reopening of the Strait of Hormuz indicates substantial progress towards a peace agreement. They added that despite the plans proposed by the US and Iran appearing to be fundamentally incompatible, the establishment of a ceasefire suggests that, given Iran's strategic leverage has not significantly diminished and US allies remain reluctant to provide assistance, the US is tentatively open to compromise. They further noted that the economic consequences of the war are continuing to accumulate, and if negotiations collapse due to political constraints, the market will react strongly and negatively.

[Analyst: US-Iran Conflict May End in May Instead of June]On April 8, strategists at the Commonwealth Bank of Australia suggested that the US-Iran conflict may conclude in May rather than the previously expected June. Although the ceasefire has not ended the fighting, analysts view it as the beginning of the end. In a report, they stated that the reopening of the Strait of Hormuz indicates substantial progress towards a peace agreement. They added that despite the plans proposed by the US and Iran appearing to be fundamentally incompatible, the establishment of a ceasefire suggests that, given Iran's strategic leverage has not significantly diminished and US allies remain reluctant to provide assistance, the US is tentatively open to compromise. They further noted that the economic consequences of the war are continuing to accumulate, and if negotiations collapse due to political constraints, the market will react strongly and negatively.

Analyst: US-Iran Conflict May End in May Instead of June

On April 8, spot silver rose by $0.4 in the short term, soaring 6.00% intraday, and is currently reported at $77.37 per ounce. (Jin Shi)

[Spot Silver Soars 6.00% Intraday, Currently at $77.37 per Ounce]On April 8, spot silver rose by $0.4 in the short term, soaring 6.00% intraday, and is currently reported at $77.37 per ounce. (Jin Shi)

Spot Silver Soars 6.00% Intraday, Currently at $77.37 per Ounce

According to Yonhap News Agency, the city of Busan, South Korea has decided to reconsider the establishment of a digital asset exchange. This is due to negative attitudes from government and financial authorities towards public institutions setting up digital asset exchanges, while anxiety across the industry is growing following the recent FTX bankruptcy. A Busan city official said, “Given various circumstances, it is unreasonable for Busan city to push for the establishment of a digital asset exchange.”
According to previous news, Busan City, South Korea signed a cooperation agreement with Huobi, Binance, FTX, Crypto.com and Gate.io on the establishment of the Busan Digital Asset Exchange, and several blockchain venture capital companies plan to invest 100 million US dollars in Busan, South Korea for ecosystem development.

Detail

【South Korea's Busan City reconsiders the establishment of a digital asset exchange 】According to Yonhap News Agency, the city of Busan, South Korea has decided to reconsider the establishment of a digital asset exchange. This is due to negative attitudes from government and financial authorities towards public institutions setting up digital asset exchanges, while anxiety across the industry is growing following the recent FTX bankruptcy. A Busan city official said, “Given various circumstances, it is unreasonable for Busan city to push for the establishment of a digital asset exchange.”
According to previous news, Busan City, South Korea signed a cooperation agreement with Huobi, Binance, FTX, Crypto.com and Gate.io on the establishment of the Busan Digital Asset Exchange, and several blockchain venture capital companies plan to invest 100 million US dollars in Busan, South Korea for ecosystem development.

South Korea's Busan City reconsiders the establishment of a digital asset exchange 

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South Korea's Busan City reconsiders the establishment of a digital asset exchange

Застереження：Наведені вище матеріали не представляють позицію компанії HTX.，HTX не дає жодних торгових рекомендацій.。

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