Crude Oil Jumped to $74, and a Tiny Crypto Token Saw It Coming
Both signals had turned bullish. Days later, the trigger arrived, the US-Iran escalation.
What Happens Next for WTI Crude Oil Prices
That trigger was the ceasefire falling apart. On July 7 and 8, tanker attacks and US strikes hit near the Strait of Hormuz, and Washington reimposed sanctions it had eased under a 60-day oil license.
WTI crude oil ripped from about $68 to $74, and on-chain flows woke up alongside it. Both the futures longs and the tokenized-oil buyers had guessed right.
Still, the on-chain signal comes with warnings. WTIC is tiny, one wallet holds most of the supply, and it is not regulated, so treat it as an early clue, not proof.
For now, the Strait of...