Reviewing the macro situation in the early hours—this one feels a bit surreal.
Brent crude has pushed up to $103, tanker daily charter rates have surged to $1.2 million—an all-time record, and the Strait of Hormuz is still blocked. Even more outrageous: the White House wants to pressure oil prices by banning diesel exports for 90 days, yet the oil industry itself has come out to oppose it. This move feels like trying to cover one's ears while stealing the bell.
The impact on crypto is quite direct: the 5-year U.S. Treasury yield has broken above 5% for the first time since 2007, the U.S. Dollar Index is above 101, and gold has fallen back from its recent peak around $4,322. The combination of a strong dollar plus high real yields has historically been a headwind for risk assets; $BTC is unlikely to move independently in the near term.
But don’t ignore one thing: Blockchain.com has reached a basic agreement with the NYSE to tokenize U.S. stocks and ETFs. Asset tokenization on Wall Street is accelerating, and the long-term logic behind these RWA concepts—$ONDO $HYPE —is actually getting firmer. A macro sell-off is short-term; tokenization is long-term. They’re two different things.
My strategy: in this kind of stagflation-like, sluggish environment, don’t rush to bottom-fish—wait for concrete progress in the Iran-U.S. talks or a signal that yields have topped. Staying in cash is also a position.
NFA DYOR
#比特币 #RWA #代币化股票 #宏观经济 #原油
Brent crude has pushed up to $103, tanker daily charter rates have surged to $1.2 million—an all-time record, and the Strait of Hormuz is still blocked. Even more outrageous: the White House wants to pressure oil prices by banning diesel exports for 90 days, yet the oil industry itself has come out to oppose it. This move feels like trying to cover one's ears while stealing the bell.
The impact on crypto is quite direct: the 5-year U.S. Treasury yield has broken above 5% for the first time since 2007, the U.S. Dollar Index is above 101, and gold has fallen back from its recent peak around $4,322. The combination of a strong dollar plus high real yields has historically been a headwind for risk assets; $BTC is unlikely to move independently in the near term.
But don’t ignore one thing: Blockchain.com has reached a basic agreement with the NYSE to tokenize U.S. stocks and ETFs. Asset tokenization on Wall Street is accelerating, and the long-term logic behind these RWA concepts—$ONDO $HYPE —is actually getting firmer. A macro sell-off is short-term; tokenization is long-term. They’re two different things.
My strategy: in this kind of stagflation-like, sluggish environment, don’t rush to bottom-fish—wait for concrete progress in the Iran-U.S. talks or a signal that yields have topped. Staying in cash is also a position.
NFA DYOR
#比特币 #RWA #代币化股票 #宏观经济 #原油