The fires of war cannot destroy Bitcoin, but they can ignite a frenzy for safe-haven assets!

Recently, people in the crypto world have been focused on two things: first, whether gold will break through the $3,200 mark, and second, when the fighting in Gaza will cease. The latest statement from China at the United Nations Security Council has directly pressed the "accelerator" button on this geopolitical storm.

As the fighting escalates, the safe-haven sentiment in the crypto world surges.

On August 27, China's Permanent Representative to the United Nations, Geng Shuang, opened fire at the Security Council: "Israel's attack on Nasser Hospital on the 25th resulted in the deaths of 18 civilians, and advancing the takeover of Gaza City will lead to greater slaughter!" This conflict, which has lasted nearly 700 days, has turned Gaza into a "hell on earth," with over 2 million people facing famine and displacement. Even more shocking is the revelation that Israel has "weaponized humanitarian supplies"—blocking crossing points, destroying the banking system, and even turning the Gazan currency into worthless paper, directly pushing up global inflation expectations.

A concrete case in the crypto world: After the Israeli airstrike on Sana'a, Yemen on August 25, spot gold surged 1.8% in a single day, while Bitcoin simultaneously broke through the $67,000 mark. Traders privately revealed: "Now institutional clients are asking if Israel fully takes over Gaza, will gold surge to $3,300?" Technical indicators show that Bitcoin's weekly chart has broken through the upper Bollinger Band; if the fighting continues, the correlation between "digital gold" and physical gold may trigger a new influx of leveraged funds.

Opportunities in the crypto world behind China's statement.

Geng Shuang clearly demanded that Israel "immediately cease military actions and restore access to humanitarian supplies," and reiterated support for the "two-state solution." However, Israel’s plan to establish new settlements in the "E1 zone" of the West Bank has brought Israeli-Palestinian negotiations to the brink of collapse. Geopolitical risk premiums are being wildly priced into crypto assets:

The safe-haven trifecta: gold, Bitcoin, U.S. Treasuries.

Short-term bullish; Middle Eastern concept coins (like IOTA, which collaborates with Israeli technology) face selling pressure; the cross-border payment sector (XRP, STELLAR) may benefit from the Red Sea shipping crisis.

Finally, here's a hook: If Israel really takes the core area of Gaza before September, will Bitcoin replicate the "V-shaped reversal" seen during the Russia-Ukraine conflict in 2022?

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