$BTC **🚨 Market Alert: #IsraelIranConflict Sends BTC into Turbulence**

### 📉 **Key Stats (Binance BTC/USDT Pair)**

- **Price Drop:** BTC plummeted to **$102,953** (-5% in 24h), erasing gains near $110K .

- **Liquidations:** **$1.2B+** in crypto positions wiped, mostly longs (90%). Binance saw largest single liquidation: **$201M** .

- **Funding Rates:** Turned negative (Binance: **-1.06% annualized**), signaling bearish leverage unwinding .

### 💥 **Conflict Drivers**

Israel’s strikes on Iran targeted nuclear/missile sites, killing military leaders. Iran vowed retaliation, escalating regional war risks . Traders fled risk assets:

- **Safe Havens Surged:** Gold (+1.25%) hit **$3,445/oz**; oil spiked **10%** .

- **Crypto ≠ Hedge:** BTC’s drop shattered its "digital gold" narrative, correlating with equities (S&P futures: **-1.5%**) .

### ⚙️ **Technical Outlook (Binance)**

- **Critical Support:** **$102K** (held so far). Breach risks cascade to **$100K psychological floor** .

- **Resistance:** **$104K–105K** (liquidation heatmap shows **$84M** in long stops here) .

- **RSI:** **28** (oversold), suggesting potential bounce if geopolitics stabilize .

### 🔥 **Trading Strategy**

- **Short-term:** Monitor Iran’s response (Polymarket odds: 91% retaliation chance). Escalation = more downside .

- **Hedges:** Consider gold-backed tokens (PAXG funding rate **+84%**) or stablecoins (USDT demand may spike) .

**#Bitcoin #CryptoNews #Binance #TradingAlert**

Stay vigilant—geopolitics now drives crypto. Updates to follow.