Just as predicted yesterday, the ceasefire between Israel and Lebanon has met Iran's conditions to unlock the Strait of Hormuz. Today, Iran announced the permanent reopening of the Strait of Hormuz. Of course, this 'permanent' is probably just talk, because Trump stated that the blockade on Iranian ports will continue. Iran directly responded that if the U.S. continues the blockade, Iran will re-lock the Strait of Hormuz. So, there's no such thing as 'forever.' That said, with Iran's reopening, the number of ships passing through the Strait of Hormuz has indeed started to increase. However, the safety of this area is still questionable. Iran has also made it clear that while the strait is open, they are not providing any guarantees for its security. The negotiations between the U.S. and Iran are progressing at a decent pace. Today, Trump also announced that Iran will not possess nuclear weapons, and the talks are moving in a positive direction. The market's response has been very positive as well. Everyone hopes the geopolitical conflict can end quickly. Trump still has a lot on his plate next. On one hand, there are the aftereffects of the IEPA tariffs, and on the other, the appointment of the Federal Reserve Chair. Ultimately, it all ties back to the midterm elections. Looking at Bitcoin's data, the turnover rate has noticeably increased as prices rise, likely indicating that short-term investors are gradually exiting. However, trading volume is still decent, suggesting that investor buying is increasing as the U.S.-Iran conflict winds down. The data structure also looks very stable, with no significant fluctuations from either profit-taking investors or early-stage loss-making investors. Investors holding positions and observing remain the dominant force at this stage. Bitget VIP: Lower fees, bigger perks.