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Just watched the market get absolutely wrecked after Trump's speech on Iran. The guy basically said he'd hit them 'extremely hard' over the next few weeks, and the whole crypto space just tanked. Bitcoin dropped back down to the low $66k range, and I'm seeing every major coin getting slammed—Solana especially got hit hard, down over 5% in hours.
It's wild how sensitive the markets are to this stuff right now. We had this whole rally building on Tuesday because Trump mentioned the conflict could end quickly and a deal with Tehran wasn't necessary. Oil was up, stocks were mooning, and crypto followed along. Then boom—speech happens, zero de-escalation signals, nothing concrete on how this actually gets resolved. Just talk about the Strait of Hormuz reopening 'naturally' whenever things calm down. Brent crude jumped 5% and everything reversed.
The Fear and Greed Index is sitting at like 8 out of 100—absolute extreme fear territory. Bitcoin's been bouncing between roughly $60k and $73k for weeks now, rallying on peace talks, selling off on every escalation headline. It's exhausting to watch, honestly. There's some technical support holding near $60k and April's historically been a strong month for Bitcoin, but none of that matters much when geopolitics is this volatile. The pattern just keeps repeating: hope, headline, crash. Until the actual conflict ends, I don't see this changing.