Hupzy (Spot On Chain)|7ๆ 23, 2026 13:19
๐จ Brent crude has broken above $๐ญ๐ฌ๐ฌ/๐ฏ๐ฎ๐ฟ๐ฟ๐ฒ๐น, up ๐ฐ๐ฎ% ๐ถ๐ป ๐ท๐๐๐ ๐ฎ๐ฌ ๐ฑ๐ฎ๐๐ โ a major psychological and technical level crossed as the Iran/Houthi conflict disrupts Red Sea shipping.
The speed of this rally is extraordinary. With jobless claims at a 60-year low today, the macro picture is turning sharply against risk assets: tight labor market + surging oil = no rate cuts, rising inflation pressure.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Oil at $100 with inflation expectations rebuilding is a clear bearish macro signal for crypto. War-driven energy inflation plus a tight labor market gives the Fed zero room to ease. BTC has historically sold off during oil-driven inflation shocks as rates rise. Watch for BTC testing support if rate expectations continue to adjust upward.
source: KobeissiLetter
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