The standoff between the two sides in that region is still ongoing, and risks in the Strait of Hormuz have tightened further. Market safe-haven sentiment continues to swing. $BTC still appears to have some resilience; investors’ preference for the short term is unlikely to cool off. Both Russia and Ukraine are still exchanging attacks on energy and military facilities, and the impact from the uncertainty edge hasn’t weakened much. If oil prices fluctuate, it will suppress global expectations and risk appetite; the probability of funds flowing back into comparatively stronger assets will be higher.

NFA DYOR
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