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#霍尔木兹危机出清，美伊达成通航协议
Geopolitical détente has finally materialized
But BTC hasn't moved, what is the market waiting for?
The US-Iran agreement has been signed. The Strait of Hormuz transit has resumed, and on paper, the minefield has been cleared.
But the market hasn't reacted much; BTC hasn't surged past 65,000, and gold hasn't crashed. This indicates one thing: the market had already priced in this event long ago. Over the past two weeks, every piece of news about "approaching agreement" has already exceeded expectations, and now it's just completing the final signing confirmation process.