Oil prices should come down very soon.

CN
BITWU.ETH
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7 hours ago

Oil prices should come down soon! The cooling expectations of war are essentially easing the pressure on risk assets like $BTC and $ETH.

But there are three main things to watch for:

1️⃣ Can oil prices continue to decline;

2️⃣ Is there a substantial alleviation of risks in the Strait of Hormuz;

3️⃣ When BTC rebounds, will the funds return to BTC or venture into the entire crypto market, like ETH and others.

As long as the risks of transport in the Strait of Hormuz, regional supply disturbances, and global inflation expectations have not really disappeared,

Crypto will find it difficult to enter that comfortable one-sided market trend,

Everyone can watch and walk for now, it’s not the time yet, war and energy will further highlight Bitcoin's value, but not now, it’s a slow process.


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