A "BTC OG Insider Whale" agent warns of a new, unpriced risk in the market: food inflation.

According to Mars Finance, on March 23, Garrett Jin, an agent of "BTC OG Insider Whale," posted that oil prices have risen 55% since February 27. The expectation of a Fed rate cut has been completely priced in. The market is now pricing in a rate hike. The 10-year US Treasury yield is 4.39%. Stocks and bonds are both in a sell-off, and gold has fallen for nine consecutive days. This is not risk aversion; it's liquidation. Garrett Jin stated that a new risk that most people haven't noticed is that 50% of the global fertilizer supply passes through the Strait of Hormuz. Next is food inflation. Garrett Jin said the current strategy is to long on crude oil, reduce holdings of risky assets, short importing countries, and short duration. Cash is the position.