Rising dollar, interest rates, and oil prices are tightening financial conditions, pressuring liquidity and weighing on crypto markets. Analysts note that a reversal in these three factors is necessary for risk assets to recover. Ahead of the U.S. midterms, political pressure may push for lower oil prices, potentially achieved through a resolution involving Iran. Such a move could ease inflationary pressures, support rate cuts, weaken the dollar, and ultimately restore capital flows into higher-risk markets including cryptocurrency.