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#HormuzStrikeRiskOff Less than 24 hours after ceasefire signals — an Iranian drone downed a US Apache helicopter in the Strait of Hormuz 🚨 Trump ordered a third round of precision strikes on Iran's air defense systems. Iran's IRGC hit the US Fifth Fleet in Bahrain and warned of "harsher retaliation." Nasdaq -3.5%. BTC briefly broke below $61K. Gold dropped under $4,200 — a 3-month low 📉 Wait. Geopolitical escalation and gold goes down? Markets are pricing hot CPI above geopolitical risk right now. Rate fears war fears. That's a genuinely strange signal 🤔 Trump has claimed a deal is "close" 30+ times since February. At this point the market has basically stopped reacting to the headline and started waiting for actual signed documents 💀 The real question: has the market become so desensitized to Trump's "deal incoming" signals that the next real breakthrough gets completely mispriced in the opposite direction? 👀