Can’t sleep at night? The U.S. market just blew up again.
Bitcoin at $BTC fell below $83,000, directly getting crushed by oil prices. Attacks on oil tankers in the Strait of Hormuz have hit the highest level since the war began. Brent surged above $104. VLCC freight rates jumped 8x. And the Pentagon has also been reported to be preparing another large-scale strike on Iran—Trump even said negotiations are off.
What’s more troubling is the Fed. Waller has said it still needs to continue raising rates. Oil prices push inflation, inflation pushes rates, and rates crush risk assets. This chain is completely unfriendly to crypto markets. U.S. Treasury yields have already touched their highest levels since 2002.
That said, there are two bright spots in the altcoin space. $PYTH DAO, through a 100% buyback-and-repurchase rule, puts all product revenues into buying coins on the open market—three times what it was before. The strategy and mindset are really big-picture. The Winklevoss brothers also filed a spot ETF application for $ZEC . It’s quite unexpected that privacy coins could reach this stage.
In this kind of macro environment, don’t be over-leveraged. Keep your position size under control and save your ammo. Wait for a decent panic bottom before making a move.
#比特币 #加密货币 #BTC #Zcash #Macro Analysis
NFA DYOR
Bitcoin at $BTC fell below $83,000, directly getting crushed by oil prices. Attacks on oil tankers in the Strait of Hormuz have hit the highest level since the war began. Brent surged above $104. VLCC freight rates jumped 8x. And the Pentagon has also been reported to be preparing another large-scale strike on Iran—Trump even said negotiations are off.
What’s more troubling is the Fed. Waller has said it still needs to continue raising rates. Oil prices push inflation, inflation pushes rates, and rates crush risk assets. This chain is completely unfriendly to crypto markets. U.S. Treasury yields have already touched their highest levels since 2002.
That said, there are two bright spots in the altcoin space. $PYTH DAO, through a 100% buyback-and-repurchase rule, puts all product revenues into buying coins on the open market—three times what it was before. The strategy and mindset are really big-picture. The Winklevoss brothers also filed a spot ETF application for $ZEC . It’s quite unexpected that privacy coins could reach this stage.
In this kind of macro environment, don’t be over-leveraged. Keep your position size under control and save your ammo. Wait for a decent panic bottom before making a move.
#比特币 #加密货币 #BTC #Zcash #Macro Analysis
NFA DYOR