Bitcoin (BTC) bounces back from geopolitical lows, are investors forming a 'lock-up' alliance?
On Monday, Bitcoin (BTC) performed strongly in the market, with trading prices nearing $109,000, successfully rebounding from a sell-off triggered by geopolitical tensions between Israel and Iran. Notably, both retail and whale investors seem to be choosing to firmly hold their positions, reflecting confidence in Bitcoin's long-term trajectory.
CryptoQuant analysis indicates that the inflow of Bitcoin from these two types of investors on Binance has dropped to the lowest level in this cycle, and this holding behavior reflects a market more inclined to hold rather than sell, indicating that investors remain optimistic about Bitcoin's long-term prospects.
It is worth noting that Bitcoin's response mechanism to geopolitical risks is maturing. According to Coinglass statistics, compared to a nearly 7% drop triggered by a similar event last June, Bitcoin has only seen a mild 2.6% pullback in the past 7 days, consistently maintaining above the key psychological level of $100,000.
This stability is attributed to multiple factors: sustained accumulation by institutions (such as ongoing buying actions by Metaplanet and Strategy), continuous inflows into U.S. spot Bitcoin ETFs, and overall low market volatility. However, while traditional safe-haven assets like U.S. Treasuries and Asian bonds are still seeing inflows, the market has not fully entered a risk-off mode.
Analysts warn that if geopolitical tensions escalate further (such as Iran blocking the Strait of Hormuz or U.S. military intervention), it could trigger broader market turmoil. Interestingly, such extreme situations may structurally benefit Bitcoin, as its decentralized characteristics often showcase unique value when the traditional financial system is under stress.
In summary, the current market performance reflects that Bitcoin is gradually establishing its positioning as a mature risk asset, and investors' responses to its price volatility are becoming more rational.
