$BTC Global oil markets have been under significant tension due to Middle East conflicts and disruptions in Strait of Hormuz transportation, so IEA member countries have released strategic reserves to add supply to the market, lower oil prices, and ease some panic. The IEA also stated this is the sixth time in its history and the largest scale of joint emergency reserve release. This is expected to lower oil prices somewhat for next Monday's forecast.

Looking at Bitcoin data, trading volume increased somewhat today, likely due to the war situation. Earlier, concerns about rising oil prices caused a decline, but then prices rose due to the IEA release. Overall, the current situation is relatively straightforward—as long as oil prices ease, markets will improve; if oil prices remain tight, markets will face more troubles. The Federal Reserve's interest rate decision meeting is Thursday at 2 AM next week. Currently there's nothing particularly notable—March will certainly see no changes, and this isn't Powell's final meeting either, so the impact won't be significant, at most just short-term sentiment. No need to overemphasize for now.