Oil prices are almost touching $100, yet the crypto market sneezed first.
Things are getting more intense between Iran and the U.S.; over in the Strait of Hormuz, Iran has directly drawn a no-go zone. Brent settled above $97, and Goldman has said that in extreme scenarios it could even reach $120.$BTC slid down by nearly 1% on Monday—classic risk-off behavior. I don’t think you need to panic. This kind of geopolitical premium won’t last. If crude oil really gets smashed, in the end it’ll still come down to monetary loosening to smooth things over—liquidity eventually flows into hard assets.
This week, what you really need to watch is CPI and PPI. Even more interesting: Trump has openly called for the Fed to cut rates, but the bond market, in the next breath, is pricing an 88% probability of rate hikes within the year. The “president vs. central bank” showdown—history has never gone against gold and BTC.
There are also on-chain jokes: if EIP-8141 goes live, the gas for $ETH could be paid directly with stablecoins, dropping the entry barrier even further for beginners. Also, on the Blockstream sidechain, a “white hat” reportedly took 4,000 BTC from the federation—wow. That white hat is really diligent. Looks like the lesson on self-custody got another lecture.
Don’t chase breakouts or swing trade aggressively in the short term—keep some ammo for the data.
NFA DYOR
#BTC #ETH #比特币 #加密货币 #oil price
Things are getting more intense between Iran and the U.S.; over in the Strait of Hormuz, Iran has directly drawn a no-go zone. Brent settled above $97, and Goldman has said that in extreme scenarios it could even reach $120.$BTC slid down by nearly 1% on Monday—classic risk-off behavior. I don’t think you need to panic. This kind of geopolitical premium won’t last. If crude oil really gets smashed, in the end it’ll still come down to monetary loosening to smooth things over—liquidity eventually flows into hard assets.
This week, what you really need to watch is CPI and PPI. Even more interesting: Trump has openly called for the Fed to cut rates, but the bond market, in the next breath, is pricing an 88% probability of rate hikes within the year. The “president vs. central bank” showdown—history has never gone against gold and BTC.
There are also on-chain jokes: if EIP-8141 goes live, the gas for $ETH could be paid directly with stablecoins, dropping the entry barrier even further for beginners. Also, on the Blockstream sidechain, a “white hat” reportedly took 4,000 BTC from the federation—wow. That white hat is really diligent. Looks like the lesson on self-custody got another lecture.
Don’t chase breakouts or swing trade aggressively in the short term—keep some ammo for the data.
NFA DYOR
#BTC #ETH #比特币 #加密货币 #oil price