Today is really dramatic, at night it was a fight to the death, and in the early morning a contract has to be signed. I don't know if it can actually be signed, but the market believes so. It's interesting to say that when Trump makes tough remarks, the market will believe it, and when Trump mentions TACO, the market will breathe a sigh of relief. When Trump says he won, the market will also believe it, yet Iran just won't ease up on Hormuz, and the market still believes.

So, one can't fully trust the information; one still needs to trust their own judgment, especially at such times. The Strait of Hormuz is no longer just an issue for the United States alone; over 150 countries or regions globally are affected by high oil prices, stemming from the Strait of Hormuz. Even Iran cannot indefinitely keep it blocked; over time, the U.S. might turn into the just side instead.

It's hard to say if there will be reversals, but indeed, there isn't much time left for Iran. The trend of WTI prices shows this; right now, Iran's tough stance on oil prices is very limited in its rebound, while every time Trump announces victory, the drop in oil prices becomes even more significant. This isn't because people believe in Trump more, but rather because there is a greater hope to end the blockade of Hormuz as soon as possible.

Looking back at Bitcoin's data, I have actually not been worried about the price of bitcoin:native. Mainly, since it entered $60,000, there have been two instances where investor buying sentiment was very high. Although one can't say that $60,000 is definitely the bottom, investors are indeed willing to buy at this level and rarely sell, and occasionally it can even move counter to U.S. stocks.

Even when U.S. stocks correct, Bitcoin can still rise slightly; on one hand, BTC has indeed fallen too much relative to U.S. stocks, and on the other hand, in such a situation, BTC might actually have less of a bubble.

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