Middle East tensions are escalating—Iran's top leadership just declared ongoing conflict with Western powers and Israel. This kind of geopolitical flashpoint historically creates market volatility. When global uncertainty spikes, crypto markets often see capital rotation as traders reassess risk exposure. Keep an eye on how traditional markets react; oil prices, currency swaps, and risk-on/risk-off sentiment typically flow through to digital asset trading patterns. History shows these friction points can trigger multi-day trading rallies or selloffs depending on how quickly the situation develops.