YZY is affected by easing geopolitical tensions and fluctuations in the US dollar and oil prices. While short-term risk appetite has rebounded, overall pressure remains. Coupled with the unlock event of over 20.83 million tokens on April 18, the surge in supply is intensifying selling pressure. On the technical side, the 0.2978–0.3000 range is key support; if lost, a further drop to 0.2850 is expected. If it holds, a rebound toward 0.3140 is possible. In the short term, it is advised to control position sizes and be wary of a sharp drop on the unlock date. Conservative investors should wait for the event-driven volatility to subside before taking positions.

Recent geopolitical developments, including negotiations between Israel and Lebanon and the US calling for limits on military action, have reduced risk-aversion sentiment. Bitcoin has rallied for several consecutive days, marking multi-week highs. This asset rotation, driven by global political expectations, has temporarily revived leading cryptocurrencies. However, most high-beta tokens have yet to establish a firm footing. Market sentiment is transitioning from pure 'safe haven' to 'risk appetite,' and there are still differences of opinion about chasing the rally in the short term.

Bitcoin surged past $72,000, rising about 3% to approximately $72,300, driven by easing tensions in the Middle East. Israeli Prime Minister Netanyahu reportedly initiated talks with Lebanon, supported by Trump's call for reduced Israeli military actions to maintain a ceasefire. Bitcoin's 24-hour gain of around 2% outpaced other major cryptocurrencies and coincided with a rebound in U.S. stocks and a drop in oil prices. Bitcoin is increasingly decoupling from tech stocks, influenced more by geopolitical and risk-averse factors.

Analysis: Bitcoin breaks through $72,000, Middle East ceasefire expectations boost market sentiment.

Bitcoin has surpassed a four-week high, rising above $74,000. Analysts identify $75,000 as a critical "volatility release point," where derivative market negative gamma effects may amplify price fluctuations. This level coincides with Bitcoin's 100-day moving average, a key resistance in January. Breaking $75,000 could accelerate an uptrend, while a pullback may increase downward pressure. The $80,000–$80,600 range is a positive gamma zone with lower volatility, and the 200-day moving average at $87,519 serves as a long-term reference.

Analysis: Bitcoin breaks four-week high, key price range may intensify market volatility

Bitcoin rose to around $74,935 during the Asian session, up 0.7% in 24 hours and 5.4% weekly, driven mainly by spot buying rather than broad risk appetite. Derivatives markets show caution: perpetual contract funding rates remain negative, open interest declines, and options indicate higher demand for downside protection. This suggests a rebound, not a trend reversal, amid ongoing risk aversion and cautious sentiment despite gains.

Analysis: Bitcoin strengthens along with US stocks, but the options market still bets on downside risk.

The breakdown in US-Iran negotiations has fueled a stronger US dollar. After a surge, oil prices have come under pressure and pulled back. In the short term, a stronger dollar index is squeezing overall liquidity in the crypto market. The ebb and flow between oil prices and Treasury yields is increasing position adjustment pressures for funds. Since peaking at 0.3305 on April 7, YZY has continued to correct along with the broader market, recently breaching both the 0.3100 and 0.3060 psychological support levels, amplifying short-term bearish sentiment.

Analyst Dilin Wu from Pepperstone states that the failure of US-Iran talks has entrenched uncertainty, causing a short-term strengthening of the US dollar alongside a slight decline in US Treasury yields. After the initial market reaction fades, Treasury yields may show complex movements, with short-term yields dipping due to risk aversion, while rising oil prices could push long-term yields higher by anchoring inflation expectations. Energy and defense sectors are expected to outperform, reflecting supply constraints and increased geopolitical risk premiums.

Analyst: Breakdown in US-Iran talks embeds uncertainty, US dollar to strengthen briefly

Due to Trump's order to blockade the Strait of Hormuz, oil prices surged, US stock futures fell, and the dollar strengthened. This escalation followed failed US-Iran talks in Pakistan, disappointing investors. Elias Haddad from Brown Brothers Harriman noted this will likely reignite risk aversion this week. Investors are also focused on the upcoming Q1 earnings season, seeking corporate leaders' views on rising risks.

Earnings season intertwined with geopolitical crises, market risk aversion reignites.

On April 18, there will be a one-time unlock of approximately 20.83 million YZY, which is a significant proportion. Large-scale unlocks often trigger anticipated early locking and concentrated selling, before and after the unlock date, intensifying short-term selling pressure. Given the current market sentiment and high trading activity, the actual token circulation is set to rise sharply in the short term. The bearish impact is significant, and a steep drop on the unlock date cannot be ruled out.

According to Token Unlocks, significant token unlocks for CONX, ARB, and DBR are scheduled next week. Connex (CONX) will unlock about 1.32 million tokens on April 15, valued at approximately $16.2 million. Arbitrum (ARB) will unlock around 92.65 million tokens on April 16, worth about $10.3 million. deBridge (DBR) will unlock approximately 618 million tokens on April 17, valued at $9.2 million. YZY will unlock about 20.83 million tokens on April 18.

Data: Tokens such as CONX, ARB, and DBR will undergo large unlocks next week, with CONX unlocking valued at approximately $16.2 million.

This week, several tokens including CHEEL and DEP will experience large-scale token unlocks. CHEEL will unlock 6.42 million tokens on April 13, valued at $2.67 million (0.82% of circulating supply), and DEP will unlock 1.7 billion tokens on April 14, valued at $1.91 million (6.90%). Other tokens such as XCN, CONX, STRK, ARB, DBR, KAT, and YZY will also have significant unlocks between April 15 and 18.

This week, tokens such as CHEEL and DEP will experience large token unlocks.

This week, several cryptocurrencies including ARB, YZY, and DBR will experience large one-time token unlocks. Notable unlocks include CHEEL with 6.42 million tokens on April 13, DEP with 1.7 billion tokens on April 14, and ARB with 92.65 million tokens on April 16. DBR will unlock 618.33 million tokens on April 17, and YZY will unlock 20.83 million tokens on April 18. These unlocks represent varying percentages of each token's circulating supply.

This week's token unlock overview: ARB, YZY, DBR, and others will experience a one-time large token unlock.

On the daily chart, YZY has been sliding from its 0.330 high since April 9, closing at 0.2997 on April 17 and forming a clear downward channel. Trading volume spiked dramatically on April 15–16, indicating concentrated selling and signs of momentum exhaustion. The 0.2978–0.3000 range is now the focal support zone in this downtrend. If YZY can stabilize in this area, a technical rebound could be initiated, with short-term resistance around 0.3140. If support is lost, beware of further downside risk toward the 0.2850 area.

It’s not a given that the European Central Bank’s next move on interest rates will be a hike, according to Governing Council member Martins Kazaks.

Kazaks: Will not oppose bets on two interest rate hikes this year

Waller: Rapid resolution of the Middle East situation may allow for interest rate cuts later this year.

Waller: Overall PCE inflation year-over-year in March may reach 3.5%

The Federal Reserve's Waller expressed caution regarding interest rates, warning of the risks of prolonged warfare.

Fed's Daly: Rates May Remain Unchanged

Daly: The federal funds rate is slightly above the neutral level of 3%.

UBS Expects 50 bps Fed Rate Cuts as Gov Miran Downplays Inflation Risks

Federal Reserve's Daly: On hold regarding interest rates.

Easing tensions in the Middle East combined with rising expectations of interest rate cuts have pushed gold close to $4,900.

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YZY price today is 0.30, with a live price change of -1.41 in the last 24 hours. Convert, buy, sell and trade YZY on Bybit-eu.

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