Global central banks' hawkish stance hits the bulls hard. Fed Chair Powell stated that rate cuts are unlikely this year, causing a sharp drop in precious and industrial metals. Gold, silver, and aluminum futures plunged significantly. Wall Street is set to face a record-breaking $5.7 trillion options expiration. The U.S.-Israel-Iran conflict continues, driving oil prices higher. Trump takes action to stabilize oil prices. Middle Eastern energy facilities were attacked, European natural gas futures skyrocketed, and Iran warns it may impose taxes on the Strait of Hormuz. Bitcoin's price dropped from $76,000 to around $70,500, facing options expiration with the max pain point at $70,000.