Escalating geopolitical conflicts, why is Bitcoin stronger instead?

Israel's airstrike on Iran has heightened tensions, yet Bitcoin remains close to its historical highs, with market sentiment still in 'greed'.

Compared to last April, this round of decline has reacted significantly more 'calmly'—the major players are not panicking, but retail investors seem eager to escape?

The psychological price level of 100,000 remains a key support; if it breaks, there could be a liquidation risk exceeding $1.74 billion for long positions.

However, as long as it holds, Bitcoin still has the potential to challenge the 112,000 high.

Market confidence is not something spoken, but is supported by prices that do not fall.

Do you think this round is a buildup? Or a peak reversal? See you in the comments.