U.S. media outlet AXIOS recently cited Pentagon officials as saying that U.S. Central Command has received instructions to make full preparations for a large-scale military operation against Iran. Although President Donald Trump has yet to make a final decision on whether to launch strikes, U.S. and Israeli military officials have already drafted a comprehensive plan targeting Iran’s key energy and nuclear facilities.

The potential window for this geopolitical escalation coincides with major U.S. and Israeli election milestones, sparking acute concerns in global macro markets about supply chain disruptions. Markets had broadly expected the situation in the Middle East to stabilize, but the sudden prospect of large-scale military strikes quickly upended that balance, putting supply-side risks back in the trading spotlight.

As risk aversion intensified, crude oil prices rapidly established a solid technical support zone in the short term, while safe-haven buying of the U.S. dollar and Treasury bonds also surged. Market movements show no panic selling in commodities; instead, risk assets appear to be actively absorbing liquidity at key support levels.

In the crypto market, $BTC has shown remarkable resilience under pressure, steadily forming a double bottom around key moving averages and areas of concentrated on-chain holdings. The safe-haven narrative fueled by geopolitical turmoil is accelerating institutional inflows. If the situation becomes clearer, the market could use this liquidity support to stage a strong technical rebound.

#Geopolitics #OilMarket #Bitcoin