Brent crude jumped nearly 6%, reclaiming the $100 level for the first time since the blockade began, as U.S. Iran talks stall ahead of a looming ceasefire deadline.
Donald Trump signaled he’s unwilling to extend the truce, warning that military action could resume if negotiations fail. Meanwhile, JD Vance is leading the next round of diplomatic talks in Islamabad.
Despite the surge in oil, Trump downplayed the move, calling it minor and noting prices could be even higher given the situation.
Crypto markets remain steady BTC is holding near $75K as investors weigh whether tensions escalate or a last minute deal emerges.
🚨 Kevin Warsh: The Fed should start trimming long-term assets from its balance sheet.
Speaking as a Fed Chair nominee, Kevin Warsh noted that there’s still no clear target for the balance sheet size. He emphasized a gradual, cautious reduction, arguing the Federal Reserve shouldn’t be holding long-term assets going forward.
🚨 JUST IN: The U.S. is reportedly weighing a $20B deal with Iran involving the release of funds in exchange for Iran giving up its enriched uranium stockpile (per Axios).
Potentially a major geopolitical off-ramp and a key de-risking signal for oil, gold, and Bitcoin if it materializes.
⚠️ Talks are ongoing, with major gaps still unresolved.
🚨 JUST IN Iran’s Foreign Minister says the Strait of Hormuz is OPEN for commercial shipping during the Lebanon ceasefire with vessels required to follow coordinated routes set by Iran’s Ports and Maritime Organization.
⚠️ However, passage remains CONDITIONAL and tightly controlled, with ongoing security concerns and limited traffic reported.
Price pulled back slightly after a strong impulse move, but structure is still leaning bullish. Holding above the 2315–2320 zone shows buyers are still active.
RSI is cooling off without a sharp breakdown often a continuation signal rather than a reversal. If momentum picks back up, a move into 2365–2380 is a reasonable expectation.
That said, this isn’t a guaranteed pump. Price is still below the recent high (~2415), so this could also turn into a lower high if buyers lose strength.
A break below 2315 would weaken the bullish setup.
Now the real question: Continuation or a lower high before rejection?
The U.S. Federal Reserve is set to inject $5.06B into the markets today at 9:00 AM ET as part of a broader $40B liquidity program aimed at supporting the economy.
This move could boost sentiment across risk assets including Bitcoin.
Everyone’s focused on BTC, but let’s talk about $ETH here. From current structure, I’m leaning bullish 📈. ETH has already shown strong momentum after the breakout and is now consolidating near resistance.
As long as structure holds, we can see a push toward $2,400+ in the short term.