I've just noticed something quite serious about the current global economic situation. The era of abundant cheap money— which has been the foundation of the bull market for years—seems to have truly come to an end. What’s the game changer? Geopolitical situations, especially tensions in the Middle East.

The vertical conflict happening in that region isn’t just a local issue. It has a direct impact on global energy supply, which immediately pushes oil prices higher. And when energy is expensive, everything becomes costly—from production to transportation. This is now called the 'permanent inflation floor.'

What’s interesting is that this is no longer a temporary situation that can be addressed with usual monetary policies. It’s a structural problem. Previously, central banks could print money and people believed that inflation was only temporary. But now? The market is beginning to realize that inflationary pressures could last a long time because their foundation is geopolitical conflict and supply limitations, not just monetary factors.

For crypto and traditional investors, this means the landscape has completely changed. You can no longer rely on the 'easy money' scenario that was the main driver of the previous bull run. The mindset around risk management, diversification, and hedging strategies needs to be adjusted. This isn’t about panic, but about adapting to a new economic reality.