Trump's biggest fear has finally come true! After the surge in oil prices, the global markets are starting to experience "collective insomnia."

If the market was previously worried about a recession, now the concern is "stagflation revival."
What is stagflation? Simply put: the economy isn't improving, but prices are going crazy. Crude oil rising to $114 essentially means giving global inflation a "second wind."
Originally, Trump launched the "Freedom Plan" to pull the market back into the "low interest rate illusion." But now, with oil prices soaring, it's like directly telling the Federal Reserve: "Don't rush to cut rates."
So the worst-case scenario has occurred: risk assets are starting to fluctuate at high levels. Bitcoin can't break higher, and tech stocks in the U.S. are also hesitating. Because everyone suddenly realizes: the real market controllers are not AI, but Middle Eastern oil tankers.
The Oman negotiations now resemble a cold war between couples. Both sides say "willing to talk," but neither wants to admit fault first. Iran won't easily reduce its enriched uranium, and the U.S. won't easily lift sanctions. The likely outcome is still "talking and dragging on."
The two most important things to watch next are: first, whether oil prices break through $120; second, whether the Fed's tone shifts hawkish again. If both happen simultaneously, global risk assets will experience even more intense volatility.
My strategy is: short-term trading only follows strong trends, not betting on reversals. Continue to ride the momentum in oil, gas, and gold; keep only core positions in the crypto market.
Because the biggest trap in the market right now is: every day someone tells you "the bottom is in." But then the next day, there's another sudden news story from the Middle East. #比特币站稳8万关口