ETH short at 2242. 1. The 'King of Understanding' messed up. The US-Iran conflict will most likely end with Iran effectively controlling the Strait of Hormuz (and charging transit fees), while the US doesn't legally recognize this (but tacitly accepts it). 2. This is America's 'Suez Canal moment' (in 1956, Britain lost control of the Suez Canal, marking the end of the British Empire's global dominance). 3. The bear market cycle isn't over yet. Any event-driven rebound is just another opportunity to short. There's still a small chance of things escalating again