- Iran blocks the Strait of Hormuz, U.S. forces intercept Iranian merchant ships, escalating conflicts.


- Kelp DAO cross-chain bridge is attacked, losing $292 million, Aave freezes related markets.
- Hong Kong Web3 Carnival opens.
Analysis: Geopolitical risks dominate, compounded by DeFi security incidents, intensifying market panic.
Recommendation: Reduce leverage, hold light positions and observe; watch the 72k support level; stay away from high-risk DeFi projects.
AAVE0.77%
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