$BTC This month is up 19% and gold is also up 13%; the market is voting with its feet—$40 trillion in U.S. Treasuries plus the Middle East powder keg has made safe-haven assets all the rage.

Trump’s “economic Normandy landing” against Iran this time is really brutal. Bessent said they want to cut off all of Iran’s economic lifelines. Iran responded with hard talk: “Not a drop of oil will be allowed to be shipped out.” If the Strait of Hormuz is truly choked, oil prices will absolutely soar, and global inflation pressure would likely rise again.

As for the Asia session, it’s oddly calm. Freight rates for container shipping are actually rising against the seasonal trend—looks like everyone is already front-loading expectations that geopolitical risks will persist. Over in Web3, the $VIRTUALS ecosystem is quite lively; Unitree Robotics’ IPO valuation is $66 billion. This sector is kind of interesting.

It feels like in this situation, rather than chasing highs and doing random trades, it’s steadier to hold some spot as a “time friend.” Of course, this is just my wild guess—not necessarily right. Don’t take it as gospel.

#BTC #ETH #Crypto #DeFi #Blockchain

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