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If you continue to misinterpret the developments of the Iran war, you may face the risk of being proven wrong by the market!
Since the U.S. stock market reached a ceasefire agreement on April 7, market sentiment has soared, and the frequency of bullish words has been ridiculously high. I believe this optimism may be overestimated; the current war situation is unlikely to end in the short term, and this uncertainty will also have long-term impacts on risk markets!
Looking back at the outbreak of the Russia-Ukraine war in 2022, Bitcoin also experienced an unexpected surge, rising from around 30,000 to nearly 47,000 at its peak. After the tide receded, 2022-2023 was called the crypto winter.
I think the Russia-Ukraine war in 2022 is a very good warning lesson. The impact of war on risk assets is often persistent and delayed.
If not, it will definitely go up.