In the $BTC nd Middle East conflict, the cryptocurrency market tends to tremble, but often rebounds afterward. For example, during the 2020 U.S.-Iran conflict, Bitcoin rose by 50% in a month; during the 2022 Russia-Ukraine war, it also rebounded by 40% in a month. However, the recent reactions have been quicker, like the 2023 Israel-Palestine conflict, which saw recovery within a week, and the 2024 Iranian drone attacks, which even recovered within 24 hours. But this time is different; Israel directly bombed Iranian nuclear facilities, which could trigger a full-scale war, leading to a more intense market reaction.

This decline has several special points:

1. Escalating war risk: Israel's airstrike on Iranian nuclear facilities could provoke direct retaliation from Iran and even U.S. intervention, creating a systemic risk that has caused funds to flee.

2. Technical overselling: Bitcoin's RSI has dropped to 35 (oversold zone), and Ethereum has fallen below the critical support of $2500, indicating a technical need for a rebound.

3. Severe leverage liquidation: Liquidations occurred within 24 hours.