Oil prices have tanked, and this drop is pretty harsh. WTI has directly fallen below 70, while Brent has slipped below 75, essentially back to pre-Iran war levels. Tankers in the Strait of Hormuz are starting to line up to get out.
Trump is flexing on Twitter, claiming credit for his peace deal. The market seems to be buying it, but to be honest, inventories are still at their lowest since 1984. Has this supply anxiety really been resolved?
$BTC has been following risk assets in a bit of a bounce these past couple of days, but the macro environment has shifted. Falling oil prices = lower inflation expectations = the Fed might not need to be so aggressive. This logic seems sound, but there's just something off about it.
We need to keep an eye on TSMC's price hikes; there's considerable pressure in the chip sector. Domestically, they've released 500 billion in MLF, so liquidity is still decent.
The Senate has put forth a war powers resolution, but the market is currently pricing in peace. This situation feels a bit surreal.
I’m still glued to the charts at 3 AM; I have to hand it to myself. The Asian session is about to kick off, let's see how everyone reacts to this setup. Expect some volatility when the European session opens.
#加密货币 #宏观 #BTC #油价 #Market
NFA DYOR
Trump is flexing on Twitter, claiming credit for his peace deal. The market seems to be buying it, but to be honest, inventories are still at their lowest since 1984. Has this supply anxiety really been resolved?
$BTC has been following risk assets in a bit of a bounce these past couple of days, but the macro environment has shifted. Falling oil prices = lower inflation expectations = the Fed might not need to be so aggressive. This logic seems sound, but there's just something off about it.
We need to keep an eye on TSMC's price hikes; there's considerable pressure in the chip sector. Domestically, they've released 500 billion in MLF, so liquidity is still decent.
The Senate has put forth a war powers resolution, but the market is currently pricing in peace. This situation feels a bit surreal.
I’m still glued to the charts at 3 AM; I have to hand it to myself. The Asian session is about to kick off, let's see how everyone reacts to this setup. Expect some volatility when the European session opens.
#加密货币 #宏观 #BTC #油价 #Market
NFA DYOR