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Jinse Finance reported that on April 20, traders are bracing for turbulence at this week's market open as the ongoing standoff around the Strait of Hormuz rekindled uncertainties that Wall Street had been eager to overlook. Last Friday, Trump said a deal with Iran was almost reached, sparking a market rally: the S&P 500 index rose more than 3% for the third consecutive week and is on track for its largest monthly gain since 2020, the US dollar erased all gains made after the outbreak of the conflict, Brent crude oil plummeted, and US bonds rallied. However, over the weekend, Iran once again closed the Strait of Hormuz and threatened not to participate in talks held in Pakistan. Trump threatened that if negotiations fail, he would destroy all of Iran’s power plants and bridges. This turnaround reflects that last week’s rally was largely built on hope rather than concrete solutions. Martin Hennecke, Head of Investment Advisory at St. James's Place, said, "Investors seem to be celebrating too early," and the weekend situation "could lead to a short-term pullback in recent market gains." In early Asian trading on Monday, the US dollar climbed against major currencies, with the Australian dollar registering the largest drop among risk-sensitive currencies. (Golden Ten Data)

Mertz stated during his speech at the Hannover Messe on Sunday: "We are about to convene a meeting of the National Security Council in Berlin." That day, he attended the exhibition together with Brazilian President Lula. Mertz said that the National Security Council has the authority to take emergency measures quickly when necessary to protect Germany's energy security.He said: "The German economy and the public must be safeguarded, and the supply of core energy sources such as gasoline, diesel, and aviation fuel must remain stable and secure. The current market situation is tense, but there is no risk to domestic energy supply in Germany."Mertz added that if the situation worsens in the future, the government has formulated corresponding response measures, but he did not disclose specific details.

```htmlJinse Finance reported on April 20 that, according to disclosures from CryptoOnchain, the number of Ethereum transactions reached a record high, surpassing 3.61 million on April 12. While transaction volume surged, the coin price pulled back from $4,700 to the $2,000–2,400 range. There is a significant divergence between the price trend and network usage data, which is a strong fundamental signal. Retail speculative enthusiasm has cooled, but actual blockchain usage (Layer 2 network smart contracts) has soared sharply. Historically, when fundamental growth far outpaces price performance, it often indicates that the market is in a prime undervalued accumulation phase.```