The US military airstrikes on Iranian nuclear facilities have liquidated over $1 billion in cryptocurrency overnight, with Bitcoin falling below $100,000, ending the 44-day rebound myth.

Is this the bottom, or the beginning?

01|Geopolitical risk, is it bearish or a buying point?

The market is panicking, but the viewpoint of Altcoin Daily is clear:

War = Turmoil + Infinite Money Printing

Historical experience tells us that after every war shock, capital will ultimately chase assets with anti-inflation properties—gold and Bitcoin are safe havens under the 'money printing machines'.

Arthur Hayes bluntly states: central banks around the world will soon restart the money printing wave, further strengthening Bitcoin's role as a safe haven.

02|On-chain indicators are approaching historical lows

Glassnode data shows that the average yield of short-term holders (STH) has dropped to 0.03, which means most newcomers are close to the 'cut loss edge'.

The pullback is indeed fierce, but bottom signals are becoming increasingly clear.

03|Global Perspective: Capital is quietly shifting

National-level funds from Saudi Arabia, the UAE, and others are incorporating blockchain into infrastructure investments;

Russia's strategic reserve of cryptocurrency exceeds $25 billion;

Regions like Mexico, Texas, and Arizona have begun establishing Bitcoin sovereign reserve mechanisms.

Don't forget, real big funds always build positions during the quietest times.

04|Pullbacks do not change trends; a true bull market is never linear

90,000, 80,000, or even lower, are all prices, not directions.

The direction is always written in the structure:

Money printing is structure;

National-level asset allocation is structure;

Global cognitive leap is structure.

The real bottom does not rely on guessing, but traverses through time.

Tap the profile picture to follow me, let's be holders who traverse bull and bear markets together

Not because of low prices, but because of high perception.#币安Alpha上新 #FUN #SOL #PEPE #FIL $ETH $BTC $SOL