I’m no geopolitical expert, but I just want to note a few observations here. First off, it’s strange how Trump visited the Middle East just before the Iran-Israel conflict happened. He traveled to the UAE, Saudi Arabia, Qatar, and Oman, making deals with all those countries, investing in their networks and vice versa. This leads me to wonder: Did he discuss the potential conflict with them, or did they provide him with information about what might happen in Iran? Again, it’s open to debate.
The second thing I find peculiar is how the tariff situation seems like a call to arms. I wrote about this in the newsletter months ago when tariffs first happened. Now, as we are in this conflict, Europe specifically seems to be getting closer to a tariff deal with the US.
Finally, I want to mention, again, I’m not a geopolitical expert, and I’m not trying to make a prediction, but technically, I’ve been expecting a pullback in crypto for weeks, maybe months, to the levels we’ve discussed: around 2200 or just below for $ETH, high 180s for $XRP, and for $BTC, probably between 97K and 92K, but it could just be a retest of 100K as well. So far, this conflict hasn’t caused that pullback, and it makes me think there might be an escalation one way or another because it’s hard to see how else the narrative will shift when things look so strong in terms of the macro environment for crypto.
As I said, I’m not trying to make any predictions; I’m just writing down some thoughts, as I always do, about observations and recent events on the timeline.
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