Woke up and checked the charts—everyone’s numb.
$BTC went into one-night dry-up and back to 83,000. The little profit that got squeezed out by that fake rally last Friday has basically been given back in full. Even more ridiculous: gold is collapsing too—COMEX gold dropped 4% overnight, and silver is down nearly 6%. With the fighting in the Middle East like this, how is gold being so timid?
Think it through and it makes sense: the U.S.-Iran negotiations are basically dead. Trump himself denied ever granting any sanctions waivers, and even said that “we will win the war very soon.” Brent crude pushed above $105; inflation expectations rose together. First the bond market broke, and when liquidity tightened, stocks/crypto/gold all got cut. This wave isn’t “risk-off”—it’s broad deleveraging.
My take: don’t rush to bottom-fish now. Before the U.S. midterm elections in November, it’s likely there won’t be an agreement—friction will only increase. Let the bullets fly a bit longer. What’s worth watching instead is the fact that $NVDA added another $150 billion to repurchase shares; tech still has some resilience.
Save some ammunition, and control your hands.
NFA DYOR
#比特币 #加密货币 #BTC #中东局势 #altcoins
$BTC went into one-night dry-up and back to 83,000. The little profit that got squeezed out by that fake rally last Friday has basically been given back in full. Even more ridiculous: gold is collapsing too—COMEX gold dropped 4% overnight, and silver is down nearly 6%. With the fighting in the Middle East like this, how is gold being so timid?
Think it through and it makes sense: the U.S.-Iran negotiations are basically dead. Trump himself denied ever granting any sanctions waivers, and even said that “we will win the war very soon.” Brent crude pushed above $105; inflation expectations rose together. First the bond market broke, and when liquidity tightened, stocks/crypto/gold all got cut. This wave isn’t “risk-off”—it’s broad deleveraging.
My take: don’t rush to bottom-fish now. Before the U.S. midterm elections in November, it’s likely there won’t be an agreement—friction will only increase. Let the bullets fly a bit longer. What’s worth watching instead is the fact that $NVDA added another $150 billion to repurchase shares; tech still has some resilience.
Save some ammunition, and control your hands.
NFA DYOR
#比特币 #加密货币 #BTC #中东局势 #altcoins