The market is facing a potential collapse following the announcement of the closure of the Strait of Hormuz, which will lead to a sharp rise in oil prices and a noticeable drop in cryptocurrency prices due to panic and a shift of investors towards safe assets. Gold, in turn, will see a significant increase, being the traditional safe haven in times of crisis. This scenario is becoming more likely with the escalating tensions between Iran, Israel, and the United States, making military escalation in the region just a matter of time.