Look, Bitcoin is in this fight again. It was trying to stay above the $70 thousand mark, but now it's floating around $74,200 according to the latest data. It can't maintain a consistent peak – it's that up-and-down pattern we see when the market is indecisive.

What’s happening is that Asian people, along with global investors, are worried about the situation in the Middle East. Asian stock markets experienced sharp declines – South Korea recorded its worst contraction in years. When geopolitics gets tense, oil prices rise, inflation comes into question, and risk assets suffer. Bitcoin is a risk asset, so it takes a hit too.

The altcoins? They’re performing weakly. Solana dropped to $83.39 (down 3% in 24 hours), Cardano at $0.24 (down 2.3% for the day), and Dogecoin at $0.09. Only BNB is showing some resilience. Ether is at $2,320, down 1.7% for the day, but still up 4% for the week. XRP is also holding at $1.36.

What analysts are saying is that everything now depends on Bitcoin ETF inflows. If these flows stay steady, we could see a more solid recovery. But if support around the $63 thousand level doesn’t hold, then things look bad. The issue of the Strait of Hormuz being closed is keeping oil prices high, and that continues to pressure liquidity conditions.

Asian people, in particular, are feeling the impact because tech stocks in the region fell 4%. Gold rose, Bitcoin is on hold. It’s that moment to watch the next moves because the market is waiting for more clarity on the geopolitical situation before taking positions.