Recently, the Caracas Stock Exchange in Venezuela surged nearly 17% at close, which might seem a bit surprising at first glance, but a closer analysis reveals what bets the market is placing.

In essence, three logical factors are at play behind this movement. First, there is a potential shift in the political landscape—expectations of easing sanctions and a move toward a more open policy environment, which has led investors to see the possibility of international capital flowing back in. Second, Venezuela possesses the world's largest oil reserves; if external conditions improve, the energy sector's recovery and capacity restoration become a realistic prospect, opening up imagination for economic revival. Additionally, domestic assets have been undervalued for a long time, and under the combined influence of technical factors and market sentiment, this speculative buying driven by event catalysts has formed.

Ultimately, the market is using stock prices to express a strong expectation: the end of the old order and the imminent start of a new era of economic normalization. Such geopolitical risk events are often important signals that both cryptocurrency and traditional assets pay close attention to, reflecting macroeconomic changes and reminding investors of the real impact of geopolitical factors on asset pricing.