Oil prices surge past $100, and the market suddenly remembers an old saying: When the world is unstable, oil isn't cheap

Recently, the global markets have been like a tense international political drama.
As tensions around Iran continue to escalate, with geopolitical risks in the Middle East clearly rising, international oil prices suddenly entered "rocket mode," breaking through the $100 mark.
Many traders were originally focused on inflation data and interest rate expectations, but then the plot suddenly reversed—
Energy prices became the main focus of the market.
Over the past few months, the most discussed topics were inflation and interest rates. But now, a more pressing issue is in front of everyone:
If oil prices keep rising, it will be very difficult for inflation to truly decline.
It's like a simple economic formula:
Rising oil prices → Increased transportation costs → Higher goods prices → Growing inflationary pressure
So when oil prices break through $100, the market's first reaction isn't just "energy companies will make a fortune," but a more complex question:
Will global inflation rise again?
Meanwhile, risk aversion sentiment is also rapidly increasing.
Traditional safe-haven assets like gold and the US dollar are experiencing noticeable fluctuations, while risk assets are becoming more sensitive.
For Bitcoin, this macro environment also has an impact.
Because in global capital allocation, Bitcoin is sometimes regarded as a risk asset, and other times as "digital gold."
When the world is unstable, the market rethinks this question:
What kind of asset does Bitcoin really belong to?
The answer may depend on how the situation develops next.
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