This week, the main cryptocurrencies — Bitcoin (BTC) and Ethereum (ETH) — are demonstrating increased volatility against the backdrop of escalating geopolitical tensions in the Middle East. Analyst Ryan Lee from Bitget Research notes that the rise in conflicts is causing investors to seek safety, leading to a short-term decline in cryptocurrency prices. However, structural confidence in cryptocurrencies remains intact, and the inflow of funds into ETFs indicates long-term confidence from institutional investors. According to Lee's forecasts, in the absence of further escalation of the conflict, BTC will trade in the range of $102,000–$110,000, while ETH will be between $2,400 and $2,700. Overall, despite the short-term correction, the market remains resilient, and investors anticipate a possible continuation of long-term growth, considering the current fundamental and institutional trends.
