The situation between the US and Iran has heated up again
Brent oil has returned to trading above $102, while Bitcoin and Ethereum have been falling for 30 straight hours, with no sign of a rebound. The most worrying part is that the rise in oil prices is essentially being driven by geopolitical conflicts.
This means that, as long as the situation doesn’t cool off, this cycle will keep going: conflict escalation → oil at elevated levels → interest rates kept high → ongoing pressure on the crypto market.
For anyone thinking about buying the dip right now, the recommendation is to be patient. The news still doesn’t point to a clear direction; it’s more prudent to wait until the trend shows a signal before acting.
The market swings every day. Some people buy at the highs and sell at the lows, while others ride the trend to profit. The difference lies in knowing how to interpret the market’s pace. In trading, it’s never about being right once, but about consistently putting profits in your pocket!!!
Brent oil has returned to trading above $102, while Bitcoin and Ethereum have been falling for 30 straight hours, with no sign of a rebound. The most worrying part is that the rise in oil prices is essentially being driven by geopolitical conflicts.
This means that, as long as the situation doesn’t cool off, this cycle will keep going: conflict escalation → oil at elevated levels → interest rates kept high → ongoing pressure on the crypto market.
For anyone thinking about buying the dip right now, the recommendation is to be patient. The news still doesn’t point to a clear direction; it’s more prudent to wait until the trend shows a signal before acting.
The market swings every day. Some people buy at the highs and sell at the lows, while others ride the trend to profit. The difference lies in knowing how to interpret the market’s pace. In trading, it’s never about being right once, but about consistently putting profits in your pocket!!!