$BTC A shocking news has broken the silence worldwide: Israel has launched airstrikes against Iran. As soon as the news broke, the financial markets were in turmoil, especially in the cryptocurrency sector, where investors' nerves were tightly strung. Ethereum, the leader of digital currencies, seemed to touch a high of $2800 in that moment, which then sparked a wave of astonishment in the market—Is this a signal of a peak? Is the cryptocurrency sector about to face a new round of significant downturn?
In the face of such unexpected events, many people's first reaction might be panic. After all, military conflicts have always been seen as a 'black swan' for financial markets, and the uncertainty they bring is often enough to cause asset prices to fluctuate instantly. However, when we calm down and carefully examine history and reality, we might find that things are not that simple.