Since the start of the conflict, both$ BTC and $ETH have held up or moved higher, while equities have struggled. Some data shows $ETH up 7% and outperforming the S&P 500 by over 1,100 bps.
This isn’t just a bounce it’s relative strength during a geopolitical shock.
Stocks down. Bonds weak. Even gold not leading.
Bitcoin and Ethereum holding ground tells you where capital is starting to rotate when uncertainty spikes.
$BTC drops below $69K as Trump threatens Iran strikes.
In the last 24h, $111.43M got liquidated in $BTC with the short liquidation standing at $68.53M.
Bitcoin briefly topped $70,000 Monday on ceasefire hopes before falling below $69,000 after Trump threatened to strike Iran's infrastructure by Tuesday.
Strategy (formerly MicroStrategy) continues its significant BC acquisition, purchasing 4,871 BTC for approximately $329.9 million between April 1 and April 5, 2026.
$BTC Short setup (more likely right now) Entry:
➤ Sell now or on a small bounce to 68,800 - 69,000 ➤ TP: 67,000 → then 66,000 ➤ SL: 70,200 (above the recent high)
Why short? Price is rejecting the 70k area again. The 1D chart shows a lower high after failing to break higher. Red candles are strong on the drop from ~70,300.
Buying the dip can be one of the most profitable strategies but only if you're extremely selective and disciplined about it. Not every drop is an opportunity, and patience is where most people fail.
ETHEREUM WHALES ARE UNDERWATER, THAT’S WHEN OPPORTUNITY STARTS
Large $ETH whales are now sitting at a loss. When whales bleed, one of two things happens. They capitulate and dump. Or they double down and accumulate.
Every cycle, the biggest opportunities came when smart money was underwater. The ones who bought those moments never looked back.
History isn’t repeating… but it’s definitely rhyming.