The geopolitical risk premium drops sharply today after the truce between the United States and Iran is confirmed. Look—everyone is singing victory at the same time, which is pretty classic when market pressure starts to truly choke things up.

The scenario boils down to 3 key points:
1. Trump freezes bombings for two weeks with an innegotiable condition: open the Strait of Hormuz right now.
2. Iran agrees to sit down in Pakistan under the line that it has already met all its military objectives.
3. Israel also jumps in and stops operations.
Ehh... after years of watching these conflict cycles play out, when the two main sides rush to say "we’ve already won," it usually means the economic bill was burning them more than the desire to keep firing.
They have at most 15 days on the clock to make a pact in Islamabad. Given how rigid the positions have been over these past few months, what concession do you think will be the hardest to swallow at that negotiation table so that everything doesn’t blow up again?
‍#CryptoMarketRecovery