The situation in the Middle East is spiraling out of control. Will crypto and U.S. stocks plunge tomorrow? Here are my thoughts.

Following the U.S.-Iran conflict, fighting has flared up again between Saudi Arabia and Yemen. A Saudi airport was attacked, leaving 12 people dead and 309 injured, with many civilians affected. The biggest risk remains oil prices.
The Strait of Hormuz is blocked, and Saudi Arabia relies on the Bab el-Mandeb Strait for its oil exports—but that area is controlled by the Houthis. An escalation in the conflict adds huge uncertainty to the market rebound.

My advice for next week is to be cautious. It’s not that crypto is weak; there are simply too many short-term headwinds: interest rate hikes, the U.S.-Iran dispute, U.S. debt issues, and now the fighting in Saudi Arabia. All we can do is hope for signs of de-escalation on Monday.

But from another perspective, despite all these negative factors, U.S. stocks have held steady, and BTC’s pullback has been relatively modest. That’s a sign of strength. We should stay patient and lie low. Once tensions ease or positive news comes through, a new market rally will begin.