CryptoQuant analyst: SpaceX IPO expectations ease market sentiment, global risk appetite neutral

Odaily News CryptoQuant analyst Axel Adler Jr. stated on platform X that the current Global Risk On/Off indicator is in a neutral state. Recent conflicts have shown signs of cooling, possibly related to statements by relevant leaders, while market expectations for a SpaceX IPO are also influencing investor sentiment.

It is reported that approximately 372 oil tankers remain stranded in the Persian Gulf, carrying about 26 million tons of hydrocarbon resources. This situation may continue to affect global energy supply expectations and become a significant variable for market risk sentiment. Currently, risk assets remain in a phase influenced by multiple intertwining factors, including geopolitical developments, liquidity changes, and capital market events of major technology companies, as investors await clearer directional signals.