I really don’t know what’s real anymore. The U.S. keeps saying they’re starting negotiations with Iran every day, and Iran denies it every single time. What’s actually going on? It’s honestly so confusing. If the U.S. is spreading these ‘lies’ just to stabilize oil prices, the effect would be very limited. Meanwhile, Iran keeps saying they welcome peaceful talks with the U.S., but then denies they’re negotiating. This back-and-forth is just exhausting. China’s visit to the U.S. this time does seem to have pushed for direct talks between the U.S. and Iran, but the results so far don’t feel very promising. The Hormuz blockade is also increasing inflationary pressure on China. The global community really needs to step in and stop Iran’s actions. This isn’t just America’s problem anymore. If this drags on until the end of the year or even longer, the damage to the global economy will be massive. Even China won’t be able to stay unaffected. As for the U.S. risk markets right now, while the stock market might continue to rise in the short term thanks to AI developments, if you look a bit further ahead, domestic inflation in the U.S. could keep climbing due to rising oil prices. The Fed will likely have no choice but to keep raising interest rates. Even with high demand for AI, it might still get crushed by high interest rates, and the economy could be forced into a recession. At the moment, it really feels like Iran is holding the global economy by the throat, and there’s no better solution in sight. Even Bitcoin is unlikely to perform miraculously in this kind of situation. It’s more likely to move in sync with the U.S. stock market. Rising oil prices, higher 10-year Treasury yields, and the potential for U.S. stocks and Bitcoin to drop further all seem like trends that could continue. One @Gate, trade more markets.