Today was pretty dramatic. On one hand, Trump says Iran is ready to surrender, and on the other hand, Iran claims it's all just Trump talking to himself. Tough talk doesn’t mean much; the key is still the situation in the Strait of Hormuz. Today, WTI crude oil prices dipped below $90, but looking at the Strait of Hormuz, it’s still not fully cleared. If Iran keeps applying pressure, who knows if oil prices will rebound again. At this point, neither the U.S. nor Iran’s statements can be trusted on their own. The most direct indicator is still the continuous changes in oil prices. If oil prices can truly drop for an extended period, then even if the war continues, the market won’t pay much attention. But if oil prices keep rising, even if both sides claim they’re ready for a ceasefire, it’s just talk. Looking back at Bitcoin’s data, it’s still very healthy right now. Some of you might not think much of it, but the truth is that investors currently neither feel panic nor have plans to sell off BTC. Most are just staying on the sidelines. The main focus is still on the U.S.-Iran conflict. Until the Strait of Hormuz is fully open, volatility will likely remain the main trend. Even if the U.S.-Iran war ends, Trump still has a lot on his plate to deal with. Bitget VIP—lower fees, bigger perks!