🚨 Market Update

Not the start of the week bulls wanted.
Markets opened deep in the red as global tensions keep getting worse.
What's happening?
• US-Iran tensions have escalated again.
• Reports say the Strait of Hormuz has been closed, with multiple ships hit.
• The US has stepped up strikes on Iran.
• Russia and Ukraine continue to escalate.
🛢️ Oil jumped over 5% as traders fear supply disruptions. If oil keeps rising, inflation could become a problem again, putting more pressure on global markets.
📉 Stocks are selling off across the world.
₿ Bitcoin is down around 3%, while altcoins are taking an even bigger hit. When fear takes over, crypto is usually one of the first markets to feel it.
My view:
This week will likely be driven by headlines, not charts. If tensions calm down, markets could recover quickly. But if the conflict gets worse, expect more downside across stocks and crypto.
Stay careful. This is a headline-driven market now.