When geopolitical tensions rise, the market tends to think of the "safe-haven asset prospectus."

There is actually an interesting psychological mechanism in the financial markets.
When the world is calm, people prefer risk assets.
But when the world becomes uncertain, people start seeking "security."
Recently, with escalating conflicts related to Iran, risk aversion has clearly increased.
And with oil prices breaking through $100, this sentiment has further spread.
In such an environment, capital often exhibits a few typical behaviors:
Buy gold
Increase dollar assets
Reduce risk exposure
And the role of Bitcoin becomes quite nuanced.
Because in different market environments, Bitcoin's performance can vary completely.
Sometimes it acts like tech stocks; sometimes it acts like gold.
So every time global uncertainty increases, the market re-examines this question:
Is Bitcoin really a safe-haven asset?
There is no definitive answer to this question yet.
But what is certain is that when macro risks rise, volatility in the crypto market often amplifies.