The morning market isn’t exactly calm
The situation in the Strait of Hormuz is still escalating. Trump even posted a direct image marking the strait as “new U.S. territory”—a move that’s truly bold. Chinese shipping giants COSCO and CMES have already suspended operations. Oil tanker freight has surged to $510,000 per day, and crude oil futures are up more than $1.
I think this still depends on how things develop next. Market sentiment is clearly on the tense side right now. Even though the macro picture is bearish, in the crypto space, the price action sometimes goes against expectations. Who knows—maybe there’s an opportunity for a rebound?
If your thinking is clear, opportunities usually outweigh risks. Keep an eye on safe-haven assets and don’t let your emotions throw off your timing.
#Crypto #Macro #Oil #Bitcoin #Trading
NFA DYOR
The situation in the Strait of Hormuz is still escalating. Trump even posted a direct image marking the strait as “new U.S. territory”—a move that’s truly bold. Chinese shipping giants COSCO and CMES have already suspended operations. Oil tanker freight has surged to $510,000 per day, and crude oil futures are up more than $1.
I think this still depends on how things develop next. Market sentiment is clearly on the tense side right now. Even though the macro picture is bearish, in the crypto space, the price action sometimes goes against expectations. Who knows—maybe there’s an opportunity for a rebound?
If your thinking is clear, opportunities usually outweigh risks. Keep an eye on safe-haven assets and don’t let your emotions throw off your timing.
#Crypto #Macro #Oil #Bitcoin #Trading
NFA DYOR