Bitcoin is doing pretty well today, already breaking past $86,000! This is definitely good news for a hodler like me. Especially after today’s surge, all my accounts—old, new, and DCA—are now in profit. But it’s a pity I didn’t buy any bitcoin:native when it was around the $70K range, and I didn’t buy much near $60K either. At least I didn’t completely miss out, though my dual-coin strategy is definitely in the green. Had a chat with Wu Wu bro @qinbafrank today about this rally—it’s very likely tied to the Chinese leader’s visit to the U.S. The market seems to view this as a potential easing of tensions between the U.S. and Iran. China might just be the perfect mediator between the two, especially since U.S. inflation is largely driven by oil prices, and oil prices are tied to the Hormuz blockade. On the flip side, the U.S. blockade of Iranian ports has also pushed up China’s oil prices. I’ve been saying all along that what the U.S. and Iran need most is a stepping stone. If that stepping stone is placed properly, this conflict could be close to resolution. The recent drop in oil futures prices reflects the market’s expectation that oil prices have likely peaked. If there’s a positive political adjustment, oil prices could start to decline. The Chinese leader is set to visit the U.S. from September 23 to 25, 2026, so we might have a clearer answer by early October at the latest. If the talks go well, oil prices will fall, inflation will ease, and rate hikes should be off the table. If not, well, they’ll just keep talking. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all in one place for trading!