The market is currently in Risk-Off mode: Bitcoin is near 66,000 with high volatility and a daily low around 62,700. The current pressure stems from weak liquidity and sluggish institutional demand, coupled with escalating tensions between the US and Iran, which are driving investors toward safe havens like gold. Consequently, the crypto market is highly sensitive to any negative news.

However, it's important to note that this impact is often short-lived. History provides a clear example: at the start of the Russia-Ukraine war, Bitcoin and the markets plummeted due to initial fear and shock. But after absorbing the initial shock, the market recovered and then embarked on a strong upward trend in the subsequent cycle, reaching new all-time highs.

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$XAU
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$ALLO
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