US-Iran preliminary deal just dropped. Military pause in effect, full signature expected Friday in Geneva.

Straight of Hormuz reopening = massive for oil flow and global supply chains.

Why this matters for your bags:

- War premium off oil = inflation cools

- Risk-on sentiment returns

- Macro tailwind for risk assets including crypto

If this holds, we're looking at a serious de-escalation. Markets already pricing it in. Watch how $BTC and alts react to sustained risk-on rotation.