Just this morning, Trump made another strong statement. When asked about Iran charging a 'transit fee' in the Strait of Hormuz, the blond directly said: If it's true, the US can resolve it in two minutes, fast enough to make you dizzy.
This statement is quite bold, but the market really doesn't give him face.
This morning, the Asia-Pacific opened, and US stock futures plunged collectively. $BTC At one point, it fell below $66,000, with nearly $200 million liquidated across the entire network within an hour, 96% of which were brothers who were swept out while chasing the rise.
To be honest, playing in the cryptocurrency circle now really requires two faces.
You see, Trump is shouting about 'lightning strikes', but we understand his 'businessman nature' too well—threatening war on one side while eyeing the juicy piece of the Strait of Hormuz. Iran is setting up 'toll booths', and Trump turns around to negotiate 'protection fees' with those big players in Saudi Arabia, even suggesting '5 trillion to continue fighting, 2.5 trillion for a ceasefire'. Is this war? This is clearly a business negotiation!
For us cryptocurrency traders, the current situation is quite awkward. Oil prices have risen above 102 dollars due to this issue, inflation can't be contained, and the Federal Reserve dares not cut interest rates. The liquidity tightening curse is constantly looming, making it difficult for Bitcoin to rise unilaterally.
But looking at it the other way, when this kind of geopolitical conflict arises, traditional safe-haven asset gold also falls, and only Bitcoin can quickly recover after the panic. What does this indicate? It indicates that in chaotic times, the consensus that Bitcoin is the 'digital gold' is indeed being slowly validated.
The market is currently very uncomfortable, bouncing up and down. My view is very simple: this kind of sharp drop driven by rhetoric is often a short-term golden pit. As long as there is no real full-scale hot war, this level of bad news is just helping you wash the market.
