The ascension of Khamenei's son to the Supreme Leader was a key turning point in the recent Middle East situation, triggering dramatic fluctuations in oil prices along with the subsequent military conflict. As a barometer of the global economy, the surge in oil prices, through a complex transmission mechanism, has had a significant impact on our market. Geopolitical risks trigger oil price spikes → Market panic impacts risk assets (BTC follows suit and falls) → Expectations of easing tensions reverse the market (BTC rebounds rapidly). As of today, BTC has largely recovered its losses and reclaimed the $70,000 mark. But why? Shouldn't the high oil prices be causing significant inflationary pressure in the US, making interest rate cuts seem unlikely, thus indirectly affecting global liquidity? Indeed, they are. However, there's another side to the story: persistently high oil prices may also reinforce BTC's narrative as a hedge against inflation, given its fixed total supply (21 million coins) of "digital gold." Historically, oil price peaks sometimes correspond to bottoming areas in the crypto market. But have oil prices peaked? Probably not, but they are currently at a relatively high level. So, will the current price necessarily rise as high as it appears? Not necessarily. We still need to observe the price's reaction to the escalating conflict in the coming days. After all, with Iran's new hardline leader taking power, it's difficult to predict how the conflict will develop. Finally, although prices have rebounded, on-chain data shows that spot trading volume and network activity remain sluggish, and capital inflows are still weak. Therefore, I think this is more like a rapid correction driven by news rather than the start of a new strong trend, and overall market confidence has not yet fully recovered. #TrumpSaysIranWarIsNearEnd #InternationalOilPricesBreakOutOf$100 #StrategyIncreasesBitcoinHoldings