There is another angle the market may be missing: This is not only about Iran. It is about inflation psychology. If Trump moves closer to a deal and oil keeps cooling, the market does not just price “less war risk.” It starts pricing a different macro environment. Lower oil can weaken the inflation fear trade. That helps $SPY , $QQQ , $NVDA , $MSFT , $AMD and $META because growth stocks love falling inflation pressure. But it can hurt defensive fear trades. Energy names like $XOM , $CVX and oil-linked assets may lose momentum if traders stop pricing supply disruption. Gold can also become more complicated. $XAU and $PAXG may lose some war premium if geopolitical fear fades, even if long-term demand stays alive. For crypto, this creates a liquidity window. $BTC benefits if macro fear cools. $ETH and $SOL benefit if risk appetite returns. Then the faster money starts rotating into $HYPE , $ENA , $ONDO , $LINK , $PENDLE , $JUP , $TAO , $RENDER and $FET. But the key is this: The market is not buying peace. It is buying the possibility of cheaper energy and easier liquidity. If oil keeps falling, risk assets can breathe. If oil reverses hard, this whole rally can turn into a trap. #IranHormuzTensions