What This Weekend’s Iran Crisis Actually Taught us About Price Action
Crypto dropped 8% Saturday night. By Sunday morning, it had recovered most of the move. As I write this, prices are approaching pre-crisis levels. The catalyst? U.S. and Israeli strikes killed Iran’s Supreme Leader Khamenei. Iran retaliated against 27 American bases, hit Tel Aviv, and launched missiles at Gulf states. A regional war erupted in real-time. And markets… shrugged? Not quite. But the mechanics of what happened reveal something most traders never understand about how price actually moves. […]