Just caught that Iran reopened the Strait of Hormuz and it's already shaking things up. Oil just tanked nearly 10% to around $85.90 a barrel, and Bitcoin followed the risk-on move, pushing past $76,400. Interesting how geopolitical news still moves the whole market like this.

What's got traders watching closely is that $76k-$78k zone. BTC has bounced off this level multiple times recently but keeps getting sold into. If we actually hold above $77k this time, technicians are saying we could see a real breakout to much higher prices. The momentum from this morning's relief rally might be the catalyst, though it's too early to call.

Stock futures are up about 1% across the board, so risk appetite is definitely back on. Could be interesting to see if this sticks or if we get another quick pullback like the last few attempts. Either way, the technical setup is worth monitoring over the next few days.