Yesterday, the market was still shouting "Iran can't hold on anymore,"

but when I woke up, the plot directly reversed.
Both sides announced a two-week ceasefire, and the tense atmosphere instantly cooled down, with the rhythm switching very quickly.
This wave is actually very typical—
The news kept fluctuating between negative and positive, with emotions being repeatedly manipulated.
But the key is the reaction after implementation:
Crude oil immediately turned downward, and the decline was quite sharp.
Risk aversion sentiment clearly receded.
This indicates one thing—
The most worrying phase for the market has already passed.
Looking back at this round of game theory, the U.S. clearly underestimated Iran’s capacity to withstand pressure.
Its fundamentals are not as fragile as imagined, nor is it a volume that can be broken in a short time.
Now the situation is very clear:
The most tense phase has been released,
the emotional peak has passed,
and the peace expectations are gradually being priced in.
In other words—
The panic has already subsided.
The market logic will then switch:
From "risk aversion first" 👉 to "risk appetite returning."
Funds will slowly shift from waiting and watching to tentative entry.
In terms of the market, it’s very simple:
The likely future rhythm is a gradual recovery upward amid oscillations.
No need to be overly aggressive, but don’t look in the opposite direction.