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BlockBeats news, April 10 – The market’s focus has shifted from the geopolitical conflict itself to the substantial transmission of its impact on the inflation structure. With the US-Iran ceasefire representing only a fragile balance, the recent rapid rise in oil prices has started to be reflected in economic data. Tonight's upcoming CPI release becomes a key inflection point for the first reflection of the "Iran premium." Given that employment data remains resilient, the market has transitioned from recession concerns to a repricing logic centered on renewed inflation, posing a need to reassess risk assets previously propped up by rate-cut expectations. In terms of policy and market response, the bond market has already moved into defensive mode, with traders focusing on positioning for rising yields as a hedge, indicating increasing market sensitivity to inflation exceeding expectations. Meanwhile, the Federal Reserve has begun to pay closer attention to the transmission from "energy → inflation expectations," suggesting that even without further rate hikes, higher rates will persist for longer, and the pace of liquidity release will be pushed further back. Currently, rate cut expectations for the year have shrunk significantly, reflecting a revised upward expectation of funding costs. Looking across markets, this structure exerts pressure on risk assets: on one hand, rising oil prices push up inflation expectations, eroding real liquidity; on the other hand, stable employment data removes incentives for policy shifts, leading to a renewed combination of "high rates + high inflation expectations." In this environment, capital prefers short-term hedging and structural allocation, reducing directional risk exposure. Returning to the crypto market, BTC is still maintaining a range-bound structure, essentially reflecting hesitation in capital’s willingness to take on risk. From the liquidation map, the $72,600–$74,100 zone is once again seeing liquidity accumulation, with further potential short squeeze pressure near $75,000. However, this also means that without new capital inflows, prices are likely to face repeated resistance in this area. On the downside, there is a short-term support cluster around $71,100; if this is lost, it opens up room for liquidity replenishment toward the $69,600 area. The overall structure indicates that the market has yet to form a unilateral momentum and is waiting for macro data to trigger capital reallocation. The key point is, if tonight’s CPI further reinforces sticky inflation expectations, it will directly influence the rate path and liquidity pricing, thus determining whether BTC triggers an upward short squeeze or fills in liquidity gaps below. The current market does not lack direction; it lacks the catalyst capable of breaking the "inflation and rate constraints."

Golden Ten Data reported on April 10 that Uxin Group has released its unaudited results for the fourth quarter and the full year of 2025. In 2025, the company achieved a total revenue of 3.24 billion yuan, an increase of 78.6% year-on-year; the total annual transaction volume was 57,408 vehicles, up 119.6% year-on-year; retail transaction volume reached 51,110 vehicles, a year-on-year growth of 134.7%. The annual operating loss was 174 million yuan, a decrease of 39% compared to the previous year. In the fourth quarter, total revenue was 1.198 billion yuan, a year-on-year increase of 100.7% and a quarter-on-quarter increase of 36.2%.

According to Golden Ten Data on April 10, shipping operation data show that a Russian-flagged Very Large Crude Carrier has crossed the Strait of Hormuz into the Persian Gulf, which is a rare passage for Russian vessels under the current wartime circumstances. Traders are closely monitoring every transit through this waterway. The vessel, named "Arhimeda", was built in 2000 and sailed westward through the strait on Thursday night while empty. It had previously marked Iran’s Kharg Island— the country's main crude oil export hub —as its destination, but then switched its status to “awaiting orders”, a term usually indicating that the vessel has not yet received specific instructions for its next steps. According to the International Maritime Organization's database, Arhimeda changed its registration to the Russian flag in January this year, making it one of only four Very Large Crude Carriers currently sailing under the Russian flag.