The negotiations between the United States and Iran continue to be challenging. Even after the draft was approved, the talks in Switzerland were still suspended. One reason is Israel's ongoing attacks on Lebanon, and another is Trump's continued tough talk on social media, especially regarding the Strait of Hormuz. Trump even stated that if negotiations with Iran do not succeed, the U.S. would seize the Strait of Hormuz by force and then subsidize its actions through charging fees.
This situation is becoming a bit ludicrous. Let’s not say whether Trump is just making empty threats, but if the U.S. starts not attacking Iran, it wouldn't be an issue. Later, the blockade of Iranian ports indeed caused discomfort for Iran, leading to the peace negotiations, especially since the opening of the Strait of Hormuz is a key point in the negotiations for peace. Before it was genuinely opened, the U.S. had already withdrawn its troops. Now that it’s blocked again, weren't the earlier efforts in vain?
Sometimes it's really hard to understand Trump. If he's going to be tough, he should be consistently tough, instead of being inconsistent. Don't say we bystanders have already cried "wolf," Iran has begun to disregard the U.S. This time the 14 points were also heavily criticized by the Democrats. The most complicated aspect is that after all this time, nothing has been resolved. After this, who knows what kind of unexpected developments might arise? Now Iran doesn't intend to continue negotiations; let's see how Trump responds.
I'm not worried about oil prices. If it rises above $85, I will start to take short positions again. It has become very evident that oil prices cannot be sustained at high levels for long.
There’s not much to say about Bitcoin over the weekend, it was basically within expectations. However, on Monday, it might be affected by the situation between the U.S. and Iran. But it’s quite evident that investor purchasing power around $60,000 is still quite good. Over the weekend, MSTR also stated it has bought more bitcoin:native, which should alleviate investors' concerns about STRC facing financing difficulties with ATMs in the future.
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