Geopolitical conflicts escalate, Bitcoin and Ethereum face critical support level tests.
Recently, the global financial markets have experienced significant fluctuations due to heightened geopolitical tensions. The escalation of conflicts in the Middle East has triggered safe-haven sentiments, leading to a sharp rise in gold prices, while stock index futures and oil prices have also shown volatility. Although the market response has been relatively restrained, analysts warn that if tensions persist, it could have a significant impact on oil prices. Against this backdrop, the performance of the US dollar has become the focus of the market, potentially boosted in the short term by safe-haven sentiments, but the long-term outlook remains uncertain.
In the cryptocurrency market, Bitcoin has shown strong resilience, with recent prices maintaining above $100,000. However, analysts point out that Bitcoin may face various trends, including maintaining the current range and reaching new highs, falling below $95,000 to enter a bear market, or rebounding after testing $95,000. Several analysts have provided specific resistance and support levels, including 95,000.