US markets open—risk markets are directly getting tightly wound.
$BTC breaks below 83,000. The hand behind the curtain is oil prices: Trump says he won’t negotiate with Iran anymore; the Pentagon is asked to complete preparations for a “large-scale bombing” of Iran. Tankers in the Strait of Hormuz are attacked, marking the most intense week since the war began. VLCC freight has surged 8x, and Brent has climbed back above $104.
What’s even more painful is the Federal Reserve: Waller signals that more rate hikes are still needed, and US Treasury yields are heading toward the highest levels since 2002. Inflation + rate hikes + geopolitical conflict—three bowls of poisonous chicken soup are served together. The risk-asset nature of $BTC has been exposed completely. That whole “digital gold” narrative? Take it aside.
FxPro says that below 83k is the expressway to 80k. I think there will be resistance around 80k, but don’t rush to catch a falling knife.
Inside the crypto world, though, there are some bright spots: $PYTH DAO submitted a 100% revenue buyback proposal, with the力度 (impact) tripling compared to the earlier one-third framework. The Winklevoss brothers have also filed an ETF application for the spot product of $ZEC —privacy coins are starting to compete for ETFs too.
Until the broader environment improves, hold with a light position and “tough it out”—surviving longer is what lets you play.
NFA DYOR
#比特币 #美联储 #伊朗局势 #加密货币 #Web3
$BTC breaks below 83,000. The hand behind the curtain is oil prices: Trump says he won’t negotiate with Iran anymore; the Pentagon is asked to complete preparations for a “large-scale bombing” of Iran. Tankers in the Strait of Hormuz are attacked, marking the most intense week since the war began. VLCC freight has surged 8x, and Brent has climbed back above $104.
What’s even more painful is the Federal Reserve: Waller signals that more rate hikes are still needed, and US Treasury yields are heading toward the highest levels since 2002. Inflation + rate hikes + geopolitical conflict—three bowls of poisonous chicken soup are served together. The risk-asset nature of $BTC has been exposed completely. That whole “digital gold” narrative? Take it aside.
FxPro says that below 83k is the expressway to 80k. I think there will be resistance around 80k, but don’t rush to catch a falling knife.
Inside the crypto world, though, there are some bright spots: $PYTH DAO submitted a 100% revenue buyback proposal, with the力度 (impact) tripling compared to the earlier one-third framework. The Winklevoss brothers have also filed an ETF application for the spot product of $ZEC —privacy coins are starting to compete for ETFs too.
Until the broader environment improves, hold with a light position and “tough it out”—surviving longer is what lets you play.
NFA DYOR
#比特币 #美联储 #伊朗局势 #加密货币 #Web3