There's one thing today, I hope you take thirty seconds to really think about it. A war is stirring up the world's most important energy throat into a battlefield. The oil price has increased by 4.5%. Then: Gold fell 1.4%. Bitcoin has broken through. The king of safe haven, and the so-called digital gold, held hands and fell together. This is not the market going crazy. This is the market telling you something you don't want to hear: it doesn't even consider this war as a safe haven event. It was treated as an inflation event. You'll understand once you follow the money—— Oil prices rise → inflation is about to rise → then the Federal Reserve needs to raise interest rates → The two-year US Treasury bond surged to 4.24% today, reaching a new high in a year → The swap market is now almost entirely betting on a September rate hike, with a probability of only 66% a week ago. Raising interest rates will crush three things at once: non interest bearing gold, valuation driven Nasdaq, and long-term Bitcoin. They are not three markets. They are the three legs of the same transaction today. So you can throw away that sentence: 'Fighting is good for Bitcoin'. It's not wrong in timing, it's wrong at the root - you think war brings panic, and the market receives inflation. And the end of inflation is interest rate hikes, which always do one thing: kill everything that doesn't interest and still relies on long-term imagination for valuation. Both types of Bitcoin are fully utilized. The biggest traffic push in the crypto circle today was someone hinting that he was going to increase his position again, and nearly one million people saw it. The sixth place is' Brent opens up 4.5% '. No one connected these two together. The sixth place is the pricing mechanism of the first place. The last sentence, to those who still want to hear the truth: This chain has a switch that will be pulled on Tuesday. The June CPI in the United States - that data does not include this month's oil prices at all, and it is highly likely to be biased towards dovish. Once it becomes biased towards pigeons and the pricing of interest rate hikes is disrupted, the entire chain I mentioned above will reverse on the spot. I don't know what will happen on Tuesday. I only know today: your safe haven assets, and your digital safe haven assets, die together. You should at least first clarify what the market has read this war as. BTC Bitcoin