Geopolitical conflicts have become the main trend in the market, with oil prices being the first to react. As the situation in the Middle East escalates, the rise in oil prices has intensified inflation expectations. Although energy is not included in the core CPI, for a wheel economy like the United States, oil prices affect a wide range of sectors such as transportation and services, limiting the policy space of the Federal Reserve. If the United States is further dragged into the war, not only will the pressure on the fiscal deficit increase sharply, but it may also drain market liquidity through bond issuance, putting pressure on risky assets. Therefore, oil prices have become an effective signal for tracking the progress of the war, especially as the weekend approaches and liquidity weakens, any sudden news may exacerbate market volatility. In the past two days, the BTC price fluctuation has been amplified, making some loss making investors choose to leave the market, but the long-term holders are still stable and have little interest in the short-term market. The chips are gradually approaching above $105000. If the accumulation continues, the market may once again face a choice of direction. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex