Svmuu News: Binance Research posted on X stating that Brent crude oil prices near $110 have already fully priced in the risk of a prolonged closure of the Strait of Hormuz. Although geopolitical tensions persist, various policy measures and market mechanisms have yet to take full effect, limiting the upside potential for oil prices; range-bound trading is likely to be the dominant trend in the near term. If oil prices remain range-bound, the "stagflation" narrative—which relies on rising oil prices—will weaken, potentially alleviating macroeconomic pressures on risk assets, including cryptocurrencies. As selling pressure bottoms out, the crypto market is expected to stabilize or rebound.