Trump Signals Five-Day Pause in Military Strikes Against Iran, Global Assets Rally in Response. Spot gold surges over $100 in the short term, Bitcoin rapidly breaks through $71,000, and Brent crude plummets over 14% at one point.

This phenomenon once again confirms the core pricing logic of the current market: everything revolves around "oil prices" and "interest rate expectations."

A pause in strikes means the blockade risk of the Strait of Hormuz is temporarily eased. Oil prices respond with a crash exceeding 14%, directly lifting the market's most tense "inflation alarm"—oil prices no longer skyrocket, Federal Reserve rate cut expectations are restored, and real interest rate pressure eases. Assets like gold and Bitcoin, which previously fell under pressure from high rates, immediately get a chance to breathe and launch a collective counterattack.

U.S. stocks equally benefit from this. Previously, the market worried that oil breaking $100 would erode corporate profits and delay rate cuts. Now that short-term risks are eliminated, risk appetite surges rapidly.

What's worth pondering is that this "five-day window" itself carries uncertainty. What the market is truly waiting for is whether oil prices can continue to decline and whether inflation expectations can truly cool down. As long as the Strait of Hormuz risks are not completely eliminated, any disturbance will still trigger violent fluctuations. But at least for now, global assets have expressed their common demand through a collective rally: peace, more precious than gold. $SIREN