BroadChain, April 27, 10:50 AM - Iran submitted a three-phase negotiation proposal to the US through intermediaries: Phase one demands an immediate cessation of hostilities and guarantees against further attacks on Iran and Lebanon; Phase two focuses on the management of the Strait of Hormuz; nuclear negotiations are strictly confined to Phase three, with no discussion of nuclear issues until the first two phases are completed. Trump stated that if Iran is willing to negotiate, it can call him directly, and claimed the war will end soon. JPMorgan pointed out that the negotiation path is now clear, with the macro focus shifting from geopolitical risk premiums to residual "stagflation" risks. Although non-linear commodity supply risks still exist, they have temporarily eased, reducing short-term pressure on oil prices.
DeepSeek official website announced that, effective immediately, the price for cache hits on input will be reduced to one-tenth of the original launch price. The deepseek-v4-pro model is offered at a 25% discount for a limited time (valid until May 5, 2026), with the cache V4-Pro input cost dropping to 0.025 RMB per million tokens. Goldman Sachs noted that the hybrid attention architecture innovation of V4 significantly reduces long-context processing costs, and expects API prices to further decline after the mass production of Huawei's Ascend 950 chip. Domestic AI competition will shift towards differentiation in programming capabilities and multimodal functions, enhancing the cost competitiveness of Chinese AI models, accelerating the deployment of intelligent agent applications, and boosting long-term demand for cloud computing and data center infrastructure.
This week, tech giants like Google and Microsoft will release their earnings reports. At last Friday's close, NVIDIA rose 4.32% to a record high, with a market cap exceeding $500 billion, as expectations for AI capital expenditure continue to heat up; Amazon rose 3.49%. The S&P 500 increased 0.80% to a record high of 7,165.08 points, the Nasdaq rose 1.63% to 24,836.60 points, with tech stocks leading the gains. Bitcoin was reported at $78,623, up 1.43% in 24 hours, marking a second consecutive day of moderate rebound; Ethereum was at $2,367, up 2.21%. The total cryptocurrency market cap is approximately $2.7 trillion, up 1.3% in 24 hours. The total liquidation amount in 24 hours is about $153 million, with short liquidations accounting for approximately $119 million. Bitget's BTC/USDT liquidation map shows that the current price is near $78,600; breaking through the dense short liquidation zone at $79,000 could trigger a cascading short squeeze, pushing the price higher, but there is significant long leverage in the $77,000-$78,000 range, and a pullback to this area could quickly trigger long liquidations, leading to sharp two-way volatility.