š The U.S.-Iran conflict fully escalatesāwhat will happen to BTC at $64,675?
This weekend, the situation in the Middle East took a sharp turnā the U.S.-Iran ceasefire agreement has completely fallen apart, and both sides have entered the seventh day of consecutive clashes. Iran has officially announced that the MoU agreement is void, with the target list expanded to include Saudi bases and Kuwaitās water infrastructure.
Several key signals:
š“ Kuwait suffers large-scale attacks from Iranāoil facilities, power plants, and seawater desalination plants are damaged, and flights are suspended
š“ Two oil tankers in the Strait of Hormuz hit mines, explode, and catch fireāshipping lanes face rapidly rising risk
š“ Iranās Revolutionary Guard intercepts Thai-flagged vessels, warning that they may not pass through the strait without authorization
š“ Brent crude surges 4.59% in a single day to $88.10, while WTI rises 4.48% to $82.49
War is no longer limited to military targets; infrastructure, ports, and commercial ships are also being targeted. For BTC, this is a double-edged swordāgeopolitical panic may boost near-term demand for safe havens, but the inflation pressure caused by a spike in energy prices can weigh on risk assets.
At present, BTC is near $64.7K, and ETH is at $1,858. If the conflict continues to escalate, watch whether BTC can hold the $63K support level. The tug-of-war between the war premium and inflation expectations will determine next weekās direction.
This weekend, the situation in the Middle East took a sharp turnā the U.S.-Iran ceasefire agreement has completely fallen apart, and both sides have entered the seventh day of consecutive clashes. Iran has officially announced that the MoU agreement is void, with the target list expanded to include Saudi bases and Kuwaitās water infrastructure.
Several key signals:
š“ Kuwait suffers large-scale attacks from Iranāoil facilities, power plants, and seawater desalination plants are damaged, and flights are suspended
š“ Two oil tankers in the Strait of Hormuz hit mines, explode, and catch fireāshipping lanes face rapidly rising risk
š“ Iranās Revolutionary Guard intercepts Thai-flagged vessels, warning that they may not pass through the strait without authorization
š“ Brent crude surges 4.59% in a single day to $88.10, while WTI rises 4.48% to $82.49
War is no longer limited to military targets; infrastructure, ports, and commercial ships are also being targeted. For BTC, this is a double-edged swordāgeopolitical panic may boost near-term demand for safe havens, but the inflation pressure caused by a spike in energy prices can weigh on risk assets.
At present, BTC is near $64.7K, and ETH is at $1,858. If the conflict continues to escalate, watch whether BTC can hold the $63K support level. The tug-of-war between the war premium and inflation expectations will determine next weekās direction.