US-IRAN TENSIONS: RISK-OFF OR BUY THE DIP



GM guys…..
With the US-IRAN tensions still ongoing, the crypto market is feeling the effects.
- Btc and Eth have seen volatility as risk sentiments are still kicking in albeit there’s a relief pump.
- Safe assets narrative vs risky assets narrative playing out in real time.
- A lot of projects having to shutdown in the past few days.

KEY THINGS TO WATCH:
- Oil price movements; this has historically correlated with broader risk sentiment.
- DXY & Gold: if dollar/gold rally hard, crypto usually faces short term pressure.
- Weekend liquidity; Thinner order books usually suggests wicks can get nasty.

My take is Geopolitical shocks = short term volatility, but crypto’s 4 year cycle + ETF flows may still be the bigger trend, positions size matters. NFA

How are you all positioning guys.
BTC4,66%
ETH5,48%
Buy or sit on your hands
Sit on your hands
Buy the dip
1 ParticipantsEnds In 17 Hour
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