The Strait of Hormuz is still being blocked. Trump said "the U.S. has full control," and Iran directly slapped him back: it's not open—conditions aren't met, so it's been kept shut.
Crude oil has been rising for 5 straight days. The IEA says the global shortage this quarter is 1.8 million barrels per day. Oil prices have surged, and inflation is about to come back. Anti-inflation assets like $BTC and $ETH may show up.
With this geopolitical mess going on, money is looking for places to hide. The crypto market’s mood is a bit timid today, but over the long run, this kind of chaos actually benefits digital assets.
My take: just hold, and enter gradually in batches. Don’t go all-in—nobody can accurately call this market, not even the “gods.”
NFA DYOR
#BTC #ETH #Crypto #Inflation #Hormuz
Crude oil has been rising for 5 straight days. The IEA says the global shortage this quarter is 1.8 million barrels per day. Oil prices have surged, and inflation is about to come back. Anti-inflation assets like $BTC and $ETH may show up.
With this geopolitical mess going on, money is looking for places to hide. The crypto market’s mood is a bit timid today, but over the long run, this kind of chaos actually benefits digital assets.
My take: just hold, and enter gradually in batches. Don’t go all-in—nobody can accurately call this market, not even the “gods.”
NFA DYOR
#BTC #ETH #Crypto #Inflation #Hormuz