An overview of the current situation. We've only just entered 2026, not even the first week of trading is over, yet so many new developments have already occurred. The market is experiencing information overload. From the beginning of the year, we knew that 2026 would be a year of many major events: Who will become the next Fed chairman, whether they can lower interest rates as President Trump desires, the Supreme Court rulings related to the Trump administration's tariff policies, the risk of another US government shutdown at the end of January, and of course, all the news surrounding the midterm elections. However, what has happened so far has far exceeded the level of preparation that most of the market was ready for. The weekend's events in Venezuela quickly escalated into a geopolitical issue, with oil and defense spending becoming central focus. President Trump's remarks about Greenland, Capital considered a "meme," are now being taken seriously and could even lead to military tensions. In this context, catalysts that dominated the market just a month ago, such as tariffs, interest rates, and inflation, seem to have been relegated to a secondary role. But in reality, everything remains closely interconnected. The market reacted positively initially, but in the medium and long term, most traders remain very confused. Nothing is easy to assess. It's unclear whether President Trump's mention of the possibility of military use in Venezuela or Greenland is a real threat, or just leverage in negotiations. The big question is how all of this will impact gold, oil, and of course, BTC. So far, oil prices haven't reacted strongly. While prices have fluctuated over the past few days, they remain within the usual range. A major reason for this is that the market is waiting for a response from China and Russia. In the long term, if things go according to President Trump's wishes, oil prices could fall as supply returns to the market, including Russian oil if the Ukraine war ends. When that will happen is unknown, but increased oil supply typically helps ease inflationary pressures. Conversely, if the US proceeds with large-scale spending on Greenland, Venezuela, or military expenditures, this would mean higher public debt. In that case, the Fed might be forced to intervene, even printing more money. If the economy isn't strong enough, the Fed might also be pressured to lower interest rates to stimulate growth. Things are moving very fast, similar to the developments regarding tariffs last year. Time is of the essence for President Trump as the midterm elections approach, and voters will be more concerned about the economy and inflation than anything else, including the health of the financial markets.