Market sentiment just shifted after updates from the Trump–Xi meeting.
Both sides reportedly agreed that the Strait of Hormuz must remain open, helping ease fears of a major supply disruption and calming global markets.
Oil prices are already reacting as the geopolitical premium starts fading from the recent $106+ spike. If downside momentum continues, short setups could become very attractive. 📉$BTC
$XAUT Gold is also showing weakness as improving US–China relations push markets back into a risk-on mood, reducing safe-haven demand. A correction from the recent highs now looks increasingly possible. 👀
Meanwhile, $BTC and the broader crypto market are watching macro developments closely as volatility remains elevated.
Follow for more real-time crypto and market analysis 🔥