🚨 Gate 4/7 Hot Topics I'm here to share my thoughts! Tonight (8 PM Eastern Time), Trump's final ultimatum officially expires. If Iran doesn't open the Strait of Hormuz, he's really going to push for "Power Plant Day + Bridge Day"! Negotiations have been deadlocked for several days, with huge gaps in both sides' demands. This turbulent Tuesday has markets on edge—BTC is under pressure and pulling back, while crude oil is surging toward $113. Should we hold steady or adjust positions? Let’s discuss my view 👇

1️⃣ “10-Point Plan” vs. “15-Point Plan,” Is there still a chance for the US and Iran to shake hands and make peace?
Not much hope! Iran’s 10-Point Plan calls for a permanent ceasefire, huge compensation, and continued control of the Strait; the US’s 15-Point Plan insists the Strait must be opened immediately and limits on nuclear facilities. The talks are unlikely to reach an agreement tonight—tensions are very high. Trump always speaks harshly, and Iran is determined not to back down this time 😂

2️⃣ Escalating situation—can oil prices break the $120 mark tonight?
I bet yes! The Strait of Hormuz accounts for 20% of global oil transportation. If it’s not reopened soon, oil tankers won’t dare to sail, causing supply to tighten instantly. Oil is already at $113, and as long as Trump issues a tough statement tonight, hitting $120 is almost certain! Gate TradFi is ready to seize the oil opportunity with one click—I’ve already increased my small position 🔥

3️⃣ Can BTC rebound to $70k soon?
Absolutely! The current dip around 69K is purely due to geopolitical risk-induced panic selling, not a fundamental problem. Last weekend, BTC briefly topped $70K. As soon as risk sentiment eases slightly, it’s likely to recover before the weekend. Geopolitical conflicts are a short-term drag, but long-term capital will still flow back into BTC.

In summary, my current strategy is to hold my BTC core position and slightly increase my oil long positions. Short-term geopolitical risks favor oil, but I remain bullish on BTC long-term! What do you all think? How will oil and BTC move tonight? Feel free to discuss!