On the morning of 8 AM on September 17, 2023, a shocking news broke the silence: Israel launched airstrikes on Iran. As soon as the news came out, the financial markets were thrown into chaos, especially in the cryptocurrency sector, where investors' nerves were tightly strung. Ethereum, the leader of digital currencies, seemed to have touched a high of 2800 USD in that instant, which then sparked a wave of panic in the market—Is this a signal of a peak? Is the cryptocurrency sector about to face a new wave of a major crash?