WTI crude is struggling to break above the $60 mark right now. Not exactly bullish vibes for the energy sector, but here's the twist—traders aren't panicking as hard as you'd expect.

Why? Fed rate cut expectations are doing some heavy lifting. The market's been pricing in potential monetary easing, and that narrative is softening the blow for risk assets across the board. Lower rates typically mean cheaper capital, which can prop up demand projections for commodities like oil. It's not a lifeline, but it's enough to keep sellers from stampeding.

Still, $60 feels like a psychological floor getting tested here. If macro data starts leaning dovish and the Fed actually delivers cuts, we might see this level hold. But if global demand signals stay weak? Different story. Worth watching how this plays out—especially if you're juggling exposure across commodities and digital assets. Macro winds affect everything.