Today is quite dramatic. On one hand, Trump says that Iran is ready to surrender, while on the other hand, Iran says this is just Trump talking to himself, and that being stubborn doesn’t mean much. The main thing to look at is the situation in the Strait of Hormuz. Today, the price of American oil has dropped below 90 dollars, but the situation in the Strait of Hormuz is still not completely clear. If Iran continues to apply pressure, it's uncertain whether oil prices will rebound again.

At this point, neither the United States nor Iran can be trusted when they speak unilaterally. The most direct bargaining chip is the continuous changes in oil prices. If oil prices can indeed fall for a long time, then even if the war is still ongoing, the market's attention will not be too great. However, if oil prices continue to rise, then even if both sides express a willingness to cease fire, it will just be talk.

Looking at the data from Bitcoin, it is still very healthy. Many friends may not believe it, but indeed, investors currently show neither panic nor a tendency to sell off $BTC. They mainly maintain a wait-and-see attitude. The current focus remains on the war between Iran and the United States. Until the Strait of Hormuz is fully opened, volatility may still be the main rhythm.

Even if the war between the United States and Iran ends, there will still be many issues waiting for Trump to address.

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