Trump's 60-day ultimatum has just come out, my mind went completely blank

Earlier I was still watching the $BTC chart, hovering at 63,400 as if dead, and this news directly disrupted my rhythm for tonight.

The memorandum between the US and Iran has been confirmed effective, the Strait of Hormuz has resumed navigation, Israel and Lebanon's ceasefire has also been settled, it seems to be good news, but on closer look, Iran's foreign minister only departs on Saturday, negotiations still need to be refined.

What I was thinking at the time was quite simple, such geopolitical events are never purely beneficial for the crypto circle. If you cease fire, risk aversion sentiment temporarily recedes, funds might flow back into mainstream coins;

But if any step in between collapses, crude oil will spike first, and $BTC won't escape either.

My feeling is that these nodes should not be blindly chased.

Earlier, the ACU wave with over 15x leverage long positions was massively liquidated around 0.08, GMX was also cleared completely at 5.75, although the liquidation volume wasn't large, the direction was very clear — high leverage longs are targets under such news.

I didn't dare to open positions, just watched the chart grind there, waiting for the weekend negotiation news.

Honestly, the only word I see as a clue is: wait. Wait for the 60-day negotiation to officially start, wait for the details of the Hormuz clause to be implemented, wait to see how smoothly the stranded 700 ships can sail.

Entering now, either being slapped in the face by the news or targeted for liquidation.

Do you think Iran's foreign minister might send some signal this weekend? I’ve already lowered my positions to the minimum anyway.

Talking about the impact of geopolitical changes on the crypto circle, the implementation of the US-Iran memorandum of understanding and the resumption of navigation in the Strait of Hormuz mean a phased easing of global trade settlement pressure, and short-term dollar liquidity won't tighten because of this,

This is actually a positive for institutional allocations of $BTC and $ETH — some institutions' IBIT is still experiencing net inflows.

The key point later is whether there is a substantial breakthrough in weekend negotiations; if it collapses, risk-averse funds might withdraw from the crypto space faster than expected, and low leverage waiting is the safest posture in this wave.