It feels like the entire market is waiting for a catalyst.

Everyone’s staring at the same chart, expecting some kind of climax move. A resolution. A headline. Something.

Maybe it’s clarity on tariffs.

Maybe it’s a geopolitical breakthrough between the US and Iran.

Maybe it’s something no one is even pricing in yet.

Markets hate uncertainty more than bad news. When there’s a cloud hanging over macro, price compresses. Volatility tightens. Participation drops. It feels stuck.

But here’s the thing I’ve learned: these tension phases don’t last forever.

There’s always a trigger. Sometimes it’s political. Sometimes it’s monetary policy. Sometimes it’s just positioning getting too one-sided. When everyone is waiting, it usually means energy is building.

The turn rarely comes when people feel ready. It comes when exhaustion peaks.

It’s not really a question of if something shifts sentiment.

It’s when.

And when it does, it will move faster than most expect.