CryptoQuant Analyst: Temporary Shift Toward Neutral Global Risk Appetite, Coupled with SpaceX IPO, Eases Market Sentiment

CryptoQuant analyst Axel Adler Jr. stated on X that the current Global Risk On/Off indicator is neutral. Recent signs of de-escalation in the conflict—potentially linked to statements by relevant leaders—and growing market expectations around SpaceX’s IPO are influencing investor sentiment. It is reported that approximately 372 oil tankers remain stranded in the Persian Gulf, carrying roughly 26 million tons of hydrocarbons. This situation may continue to affect global energy supply expectations and serve as a key variable for market risk sentiment. Currently, risk assets remain in a phase shaped by multiple overlapping factors—including geopolitical developments, shifts in liquidity, and capital market events involving major tech companies—while investors await clearer directional signals.