Cryptocurrency markets have seen a significant decline in recent hours, coinciding with rising geopolitical tensions following Israeli strikes on targets within Iran.
🔻 Current performance:
Bitcoin (BTC) dropped to around $104,000 after being above $108,000.
Ethereum (ETH) fell by more than 10%, below $2,500.
Over $1.1 billion was liquidated from cryptocurrency trades in one day.
📊 Reasons for the decline:
Capital flight from high-risk assets towards safe havens like gold and the dollar.
The lack of political clarity in the Middle East increases investors' anxiety.
Continued selling pressure amid uncertainty.
🔍 What are we monitoring?
Market movements around technical support levels:
BTC: Critical support level at $102,000–$103,000.
ETH: Resistance at $2,400.
Any new escalation in geopolitical conflict may increase pressure on the markets.
Decisions by the US Federal Reserve regarding interest rates may change the course.
🧭 What does this mean for investors?
Short term: Caution is advised, and high exposure should be avoided until clarity is achieved.
Long term: These levels may provide opportunities for gradual buying (DCA) considering risk management strategies.
📌 Note: Markets react quickly to global events. Make sure to follow news and official analyses from the Binance platform to stay updated.
