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Jinse Finance reported that on March 30, the bullish positions on Bitcoin (current price: $66,454.56)—that is, the number of BTC/USD long contracts—have reached a multi-month high on a certain exchange. Over the years, this indicator has become a classic counter-indicator: whenever long positions surge, the Bitcoin market often enters a downward trend. According to CoinDesk data, current BTC/USD long positions have climbed to 79,343 contracts, the highest level since November 2023. An increase in bullish bets usually signals a rising market sentiment and is generally considered positive news. However, historically, the market trend often moves in the opposite direction—just like a sunny weather forecast suddenly giving way to a storm, prices tend to fall afterwards.

```htmlJinse Finance reported that on March 30, the market downturn triggered by the Iran war is evolving into a full-scale crash on Wall Street. Efforts from various parties to broker a ceasefire and restore oil supply from the Middle East ultimately only led to further escalation of the situation, intensifying market panic. The Nasdaq 100 Index plunged 1.9% in a single day on Friday, entering correction territory; the S&P 500 Index closed lower for the fifth consecutive week, setting its longest losing streak since 2022; bond prices fell, pushing the benchmark 30-year US Treasury yield close to 5%; Bitcoin's price also dropped to nearly half of its pre-war peak.```

Jinse Finance reported that market data shows ETH has surpassed $2,000, currently quoted at $2,000.55. The 24-hour decline has reached 1.38%, with significant market fluctuations. Please ensure proper risk control.