qinbafrank|Sep 18, 2026 07:57
Looking at the turning points in the Nasdaq and Bitcoin's movements this week, both happened on September 16th at 4 PM, right when Wang Yi's meeting with the Iranian Foreign Minister was announced. Wang Yi stated that China is stepping in again to mediate, strengthening market expectations for eased tensions. Over the past couple of days, we've been discussing how the key variable influencing market trends recently is oil prices. On the 15th, oil prices started to drop, and the market hadn't reacted yet, but once China stepped in to mediate, market expectations completely shifted.
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