Will the Strait of Hormuz be reopened? The US and Iran seem to have actually negotiated something real. Oil price expectations soften first, and inflation pressure can exhale—but don’t get too excited yet—there are still uncertainties before an agreement is finalized. In risk markets, good news gets traded as a rally; BTC follows along and gets to catch its breath, but the macro logic hasn’t changed: liquidity is the real boss. Don’t chase after prices in the short term—wait for confirmation.

$BTC #Macro