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The Strait of Hormuz had been “peaceful” for less than a week—then it was blasted again.
The US military launched another heavy strike on Iran. Iran retaliated and destroyed ammunition depots, fuel tanks, Patriot systems, HIMARS… BTC fell 2% to $62,800, with 236 million USD liquidations over 24h—about 67k positions.
Worse still is Asia-Pacific: South Korea’s composite index triggered a circuit breaker and plunged 8%, SK Hynix -13%, Samsung -9%, and the Nikkei -2%. Global assets moved in sync and fell together.
Do you remember those who said last week that “Hormuz has reopened, and all bad news is out”? The geopolitical script always has another page written than you think.
The fear index is 28, still in the fear range.
But history tells us: the chips you smash out in panic are often the ammunition for the next round.
Did you cut your losses today, or did you add to your position?
#BTC #ETH #crypto