Brent crude oil has broken through $100. The situation in the Middle East has suddenly escalated, and Asian stock markets have tumbled across the board—Japan’s Nikkei is down 1.3%, while Hong Kong’s Hang Seng has dropped below 25,000 directly. At the same time, several BOJ board members have come out hawkish, saying producer prices rose 7% and that they need to keep a close watch, with interest rates likely to keep going up. With oil prices soaring combined with Japan’s rate hike, this one-two punch hits global liquidity hard, and in the short term it will definitely put pressure on risk assets like $BTC . But there’s a detail many people haven’t noticed: the timing of this Middle East escalation is especially delicate—it falls right in the week before several major central bank meetings. Historically, when geopolitics overlaps with monetary tightening, the market often first falls and then rallies, but nobody can say for sure where the turning point will be. What do you think about this move—should we retreat first or tough it out?