Bitcoin and Ethereum Face Pressure

Bitcoin’s fall to $99,800 marked a break below key psychological support. Ether dropped to $2,196 before bouncing slightly. With geopolitical tension rising, traders are unwinding leveraged positions. Analysts now watch closely whether BTC can reclaim $103K to regain bullish momentum.

Oil, Fear, and Global Risk Sentiment

Crude oil surged as fears of a broader Middle East conflict intensified. Investors shifted to safe-haven assets like gold and the dollar, while crypto—traditionally considered a hedge—behaved more like a high-risk asset. The spike in fear drove sudden liquidations across altcoins, including SOL, DOGE, and XRP, all down 7–15%.

Technical Outlook: Volatility Ahead

Analysts suggest that if Bitcoin fails to reclaim $100,000 convincingly, the market could test lower supports near $96K. Ether’s structure looks fragile unless it quickly reclaims the $2,300 zone. Volatility is expected to remain elevated as traders brace for further escalation.

Geopolitics Meets Crypto: A New Normal?

This event highlights how tightly crypto markets are now woven into global macro dynamics. As traditional and digital markets increasingly react to geopolitical risk, investors must reconsider old assumptions—especially the idea of Bitcoin as a “safe haven.” For now, caution dominates sentiment.