💥In a week that felt more like a high-stakes geopolitical thriller than a typical financial cycle, the crypto and global markets were rocked by a series of black swan events. From military escalations in the Middle East to explosive lawsuits against Wall Street giants, here is everything you need to know about the current state of the market.

1. Geopolitical Shockwaves: "Operation Epic Fury"

The biggest headline of the weekend was the commencement of Operation Epic Fury. U.S. and Israeli forces launched major combat operations against Iran, targeting IRGC command centers and nuclear enrichment sites.

The Market Impact:

Oil & Energy: Oil prices surged 10% following the de facto closure of the Strait of Hormuz, a waterway responsible for 20% of the world's oil flow.

Safe Havens: Gold and silver saw significant inflows as investors fled to traditional "war hedges," with gold nearing its all-time high.

Bitcoin's Reaction: Contrary to the "digital gold" narrative, Bitcoin initially "took a missile strike" to its price, dropping on the news of the strikes. However, it has shown surprising resilience, with analysts noting that much of the leverage had already been shaken out of the system.

2. The Jane Street "10 AM Slam" Theory

A new villain has emerged in the crypto zeitgeist: Jane Street. Terraform Labs has filed a lawsuit accusing the high-frequency trading firm of being a key player in the 2022 collapse of UST and Luna.

The community has also latched onto the "10 AM Slam" theory, alleging that Jane Street intentionally shorts and tanks Bitcoin at 10:00 AM Eastern time every day. While market experts suggest this "slam" might actually be related to the mechanics of ETF settlement and authorized participants (APs) hedging their positions, the "villain narrative" remains strong on social media.

3. The "Bottom" is Coming (Maybe)

Technical analyst Lewis (King Lewis) returned with a sobering outlook on Bitcoin's cycle. Based on historical data from 2017 and 2021, he points to October 2026 as the likely timeframe for a true market bottom.

Lewis is watching for three specific criteria before going "all-in" again:

Time: 364 days from the market top.

Price: A breach of the established "floor."

Capitulation: A major, high-volume "flush out" event.

4. Notable News Bites

Nvidia Crushes Earnings: The AI ​​bellwether reported a staggering $215 billion in revenue, temporarily easing fears of an AI bubble burst.

The "Bottom Signal" Essay: The New York Times published a guest essay claiming "Crypto is Pointless," a move many in the community jokingly (or seriously) celebrated as a classic contrarian bottom signal.

Trump's State of the Union: Despite being billed as the "pro-crypto president," Donald Trump's record-breaking two-hour speech contained zero mentions of Bitcoin or crypto.

What to Watch This Week

The upcoming days remain critical for both volatility and data. Keep an eye on:

ISM Manufacturing PMI: A key indicator for the U.S. economic growth.

Non-Farm Payrolls (Friday): Vital employment data that will dictate the Fed's next moves regarding interest rates.

DeepSeek V4: The release of new models from the Chinese AI lab could trigger further volatility in tech and AI-related stocks.

Final Thought: Whether you're tracking the "Jane Street Slam" or the Strait of Hormuz, the message is clear: volatility is back. Stay safe, manage your leverage, and keep your eyes on the charts.