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Iran’s Top Power Broker Shares Trading Advice As Trump’s TACO Trade Falters

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Iran’s Parliament Speaker Mohammad Bagher Ghalibaf posted what amounted to trading advice on X (Twitter), calling Trump’s pre-market announcements a “reverse indicator” and urging followers to take the opposite side of every energy move.

The post added a surreal layer to a week that saw Wall Street’s most popular dip-buying strategy collapse under the weight of real geopolitical risk.

The TACO Trade Hits a Wall

The Trump Always Chickens Out (TACO) trade defined market behavior for much of 2025. Traders bought every Trump-induced dip, expecting a reversal within days. That playbook worked reliably during tariff standoffs with China, Canada, and the EU.

However, it broke down last week. Trump extended his deadline to strike Iranian energy infrastructure from March 27 to April 6. The expected relief rally never came.

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Barclays strategist Emmanuel Cau noted that repeated flip-flopping was undermining market confidence. Investors stopped treating delays as a path to peace. They began seeing them as tactical pauses before further escalation.

The Atlanta Fed’s GDPNow tracker slashed Q1 growth estimates to 2%, down from 3.1% just a month earlier.

Meanwhile, CME FedWatch data shows markets pricing in rates holding steady through late 2026, with only a modest probability of any move.

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Fed Fund Futures
Fed Fund Futures. Source: CME FedWatch Tool

This represents a far cry from the multiple rate cuts investors expected at the start of the year.

Ghalibaf and the Bond Market Warning

Ghalibaf, a former Islamic Revolutionary Guard Corps (IRGC) commander who has emerged as Iran’s most visible wartime political figure, went beyond denying U.S. talks.

He told followers that Trump’s pre-market posts serve as profit-taking setups.

“Pre-market so-called ‘news’ or ‘Truth’ is often just a setup for profit-taking. Basically, it’s a reverse indicator. Do the opposite,” wrote Ghalibaf.

Separately, Johns Hopkins economist Steve Hanke said bond vigilantes had turned against Trump due to the combined pressure of the tariff war and the Iran conflict.

The U.S. 10-year Treasury yield has climbed to 4.46%, approaching the 4.5% threshold that forced Trump to pause reciprocal tariffs in April 2025.

Ghalibaf had also warned earlier in the week that financial institutions buying U.S. Treasury bonds were legitimate military targets.

That statement added direct geopolitical risk to the bond market’s existing fiscal concerns.

Why the Old Playbook No Longer Applies

The TACO strategy worked because Trump’s trade counterparties were rational economic actors. China, the EU, and Canada all wanted stability and accepted face-saving compromises.

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Iran presents no such dynamic. Its supreme leader was killed in the opening strikes.

Its military infrastructure has been hit repeatedly. Yet Tehran has not moved toward negotiations. Ghalibaf himself accused Washington on Sunday of planning a ground invasion while publicly signaling that talks were underway.

With Brent crude above $110 per barrel and the Strait of Hormuz still effectively closed, the economic damage from the war is already embedded in prices.

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Dip-buyers who relied on TACO logic now face a market in which the geopolitical premium is no longer a temporary spike but a structural feature.

The question heading into next week is whether the 10-year yield crossing 4.5% will force the White House to act, as it did during last year’s tariff crisis, or whether a real war proves harder to walk back than a trade dispute.

The post Iran’s Top Power Broker Shares Trading Advice As Trump’s TACO Trade Falters appeared first on BeInCrypto.

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Crypto World

Lido DAO Mulls $20M LDO Buyback to Boost Token Price

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO. 

The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued.

“This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s history.”

A token buyback of this size could boost the price of the token, which has fallen roughly 96% from its all-time high. In November, a Lido DAO member pitched an automated buyback mechanism for LDO to improve the token’s price. However, that proposal hasn’t been implemented.

LDO’s change in price relative to ETH since 2024. Source: Lido DAO

Lido DAO pointed out that LDO is trading at a steep discount to Ether (ETH) at a ratio of 0.00016, roughly 63% below its two-year median.

This is despite the protocol holding the top spot of the Ethereum liquid staking market, with a 23.2% share of staked Ether, according to Dune Analytics data. The protocol’s dominance has even been flagged as a centralization risk to the network in previous years.

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Share of Ethereum network validators. Source: Dune Analytics

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation 

LDO is currently trading at $0.30, down 95.9% from its $7.30 high set in August 2021, according to CoinGecko data. LDO’s $255 million market cap makes it the 141st largest token by value at the time of writing.

“That dislocation is not justified by a proportional deterioration in protocol performance,” Lido DAO said. 

Lido DAO proposes buying stETH in batches

Lido DAO proposed buying up to 10,000 stETH in smaller batches of 1,000 to buy LDO. 

Lido DAO said it would use limit orders or adopt a dollar-cost averaging strategy to avoid market volatility. 

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