Gate News update, April 2, BTC OG insider whale agent Garrett Jin posted an analysis of President Trump’s national address, noting that this speech is equivalent to a commitment to a hot war and that the escalation of the Middle East conflict is irreversible. Garrett Jin said that Trump’s so-called “military operation nearly complete, to end in 2–3 weeks” is a domestic political posture, while the threat to strike Iran’s power infrastructure and the dispatch of a third carrier strike group are the real signals of action. He pointed out that Easter could become the point of no return for further escalation of the hot war, and that the current market has not priced it in at all. Garrett Jin emphasized that this round of rebound is a position-driven short-term squeeze, not an improvement in fundamentals; with no exit plan for the war, the stalemate in the Strait of Hormuz without a solution, and continued oil supply shortages, the risks for importing countries will keep being exposed. The market reaction has already confirmed his view: a 6% surge in oil prices reflects the escalation of the conflict, and the weakening of the dollar is only a short-term sentiment effect. He said that once the world enters a hot war, it cannot be rolled back, and that the world is moving into a structural shift—most participants have not started pricing it in yet.
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