The Strait of Hormuz is blocked again; Iran has outright announced a closure, claiming Israel violated the ceasefire and the U.S. hasn't stuck to the agreement. Expect oil prices and token fluctuations to rise.
Trump's throwing down the gauntlet: if the deal can't be reached, the U.S. will start charging tolls. This back-and-forth game is really tugging us in all directions. The sentiment in the Asian market is pretty cautious, with everyone keeping an eye on geopolitical and macro links. There’s still some support for the safe-haven narrative around $BTC and $ETH , but we can definitely expect short-term volatility.
Keep your positions light and watch how negotiations play out in the U.S. market and the signals from oil shipping.
#Crypto #Macro #Geopolitics #Oil #Trading
NFA DYOR
Trump's throwing down the gauntlet: if the deal can't be reached, the U.S. will start charging tolls. This back-and-forth game is really tugging us in all directions. The sentiment in the Asian market is pretty cautious, with everyone keeping an eye on geopolitical and macro links. There’s still some support for the safe-haven narrative around $BTC and $ETH , but we can definitely expect short-term volatility.
Keep your positions light and watch how negotiations play out in the U.S. market and the signals from oil shipping.
#Crypto #Macro #Geopolitics #Oil #Trading
NFA DYOR