The Middle East situation heats up, and global assets face re-pricing risks. Iran has issued a warning to U.S. allies: if the United States launches military action against Iran, U.S. military bases stationed in countries such as Saudi Arabia, the United Arab Emirates, Turkey, and Qatar will become targets. This is not an empty threat—last year, after Iran's nuclear facilities were attacked, Iran launched an attack on Qatar's Al Udeid base. Geopolitical tensions often drive up demand for safe-haven assets and can also increase market volatility, triggering chain reactions across global investment portfolios, including cryptocurrencies.