On the night of the 26th to the 27th, the US and Iran engaged in two rounds of "mutual attacks," reigniting the flames of war! This is already the second time Iran has attacked "unregistered" oil tankers, and the US has also conducted a second round of airstrikes on Iran. Essentially, Iran is determined to demand tolls for the strait! Currently, it is equivalent to a "trial operation of strait tolls." As long as a merchant ship has not been "registered," Iran will strike it, with the goal of collecting tolls after 60 days. Iran's ambition is to become the leader of the Middle East, establish a "Muslim NATO" organization, challenge US dollar hegemony, with the core slogan: "The Middle East for the Middle Easterners," and "use the strait to command the world," attempting to bind the world through "strait tolls" backed by "military deterrence" and replace the US-led Middle East security system. Its essential goal is to push extra-regional powers (especially the US) to withdraw their troops and establish its own core voice in regional affairs. The 60-day "Memorandum of Understanding" between the US and Iran is not a blueprint for peace; both sides only regard it as a tool to catch their breath, with no intention of making compromises.

All the current de-escalation gestures by the US and Iran are just delaying tactics to build up strength. Their core demands are completely opposed (strait tolls, proxy armed forces, nuclear issues, unfreezing assets, etc.), and there is no room for compromise. In the short term, they will control the scale of conflict to avoid all-out war, but the "mutual attacks" will only escalate wave by wave (two rounds have already occurred). Trump has threatened that Iran might cease to exist, while Iran has warned that US military bases in the Middle East will experience hell. Subsequent negotiations between the US and Iran are doomed to fail! In the medium term, bearish on the crypto market. Today, ETH has been trading in a range-bound pattern throughout the day, dropping around the 1584 level, with the ultimate target being to break below 1500.