This matter is actually very simple, just that the United States and Iran just had a breakdown in talks, and the Americans announced they would block the "lifeline" Strait of Hormuz!

Now global oil tankers are panicking, afraid to go there, worried about getting stuck when passing through, so they all rerouted quickly. Think about it, if oil tankers dare not pass, can oil supply remain smooth?

The result is: oil prices immediately surged, and safe-haven assets like gold also rose in price, as everyone rushes to buy safe assets for stability.

As for our crypto market, in the short term, sentiment has been somewhat affected, and funds may have shifted to buy gold and oil. But in the long run, if the situation really escalates, and settling with USD or RMB becomes inconvenient, it might become more convenient to use cryptocurrencies (like Bitcoin, altcoins) to buy oil and do business. This could actually be a big positive.

In summary: in the short term, oil and gold prices will rise, and the crypto market needs to stay calm and not get caught up in the hype!