Bitunix Analyst: Iran Oil Waiver Revoked and Hormuz Deteriorates — Risk-Asset Volatility Intensifies

BlockBeats News, July 8th. Global market focus is concentrated on the renewed escalation in the Middle East. The US has not only expanded military strikes against Iran, but has also revoked Iran's oil sales waiver—pushing Strait of Hormuz security risk higher again. International oil prices briefly rose approximately 5%, reflecting that markets are once again pricing energy supply uncertainty.The situation has moved beyond an isolated military conflict—energy transport and global supply chain risks are now warming in tandem. Iran continues to reinforce its control claims over the Strait of Hormuz, while the US military has raised the local shipping threat level to "severe"—signaling that global energy transport carries a materially elevated risk premium. In parallel, Saudi Arabia is planning to expand a Red Sea pipeline, showing that major producers are already positioning alternative transport routes to reduce dependence on Hormuz.On the monetary policy front, New York Fed President Williams stated that the earlier decline in energy prices had helped ease near-term inflation, and that current policy remains in an appropriate position—offering no clear forward guidance on the future rate path. The Fed will continue to adjust policy based on economic data.Notably, US tech-sector risk is rising in parallel. The Nasdaq 100 volatility index has climbed to a more than 20-year high, AI-related trades remain highly concentrated, and some Wall Street institutions have begun using options to hedge—while gradually rotating capital toward defensive sectors such as healthcare and consumer staples. Together, these signal that high-valuation tech stocks are facing meaningful profit-taking pressure.In crypto, Bitcoin remains range-bound. Near-term market liquidity is concentrated across four key liquidation zones—$62,500 and $60,000 below, and $64,300 and $67,700 above. Amid ongoing macro-event disruption, price action is likely to pivot around these high-leverage positions for liquidity sweeps, and short-term volatility is expected to remain elevated. Markets will need to stay attentive to the Middle East situation, crude prices, and the broader shift in global risk sentiment.