United States (US) President Donald Trump told NBC News on Monday that he did not want to discuss whether he would like the US to seize Iranian Oil, adding that he believes it’s too soon to talk about it.
💡 DMK Insight
Trump’s comments on Iranian oil could shake up oil and crypto markets, especially with ETH at $1,994.74. While he downplays the urgency, any hint of US intervention could spike oil prices, impacting inflation and, in turn, crypto valuations. Traders should keep an eye on oil futures and geopolitical tensions, as these factors often correlate with crypto market movements. If oil prices surge, we might see a flight to safety in stablecoins or a dip in risk assets like ETH. Watch for key resistance levels around $2,050 for ETH; a break above could signal bullish momentum, while a drop below $1,950 might trigger sell-offs. On the flip side, if the market perceives Trump’s comments as mere posturing, we could see a stabilization in both oil and crypto prices. Keep an eye on the daily charts for ETH to gauge sentiment and potential reversals.
📮 Takeaway
Monitor ETH closely around $2,050 resistance and $1,950 support as geopolitical tensions could drive volatility in both oil and crypto markets.





