The US-Iran conflict has eased, and Bitcoin is back to 70,000

Crypto Grandpa
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March 10, 2026
The US-Iran war seems to have calmed down a bit. According to Trump's optimistic estimate, this war is expected to end soon. As a result of this news, crude oil prices surged then fell back. If this war has any impact on us, I can only say it's the oil prices. Starting early this morning, gasoline prices rose across the board, causing everyone to queue up for fuel yesterday.
Additionally, reports say that due to Iran's indiscriminate missile attacks on Dubai earlier, property prices in Dubai plummeted by 20% within just a few weeks. It's hard to imagine—after so long of peaceful development, war still seems not too far away. Thinking about it, we who live in peaceful times are truly fortunate. Considering this, a decline in the overall market seems acceptable; being able to trade cryptocurrencies so confidently has already surpassed many people's lives.
However, recent market performance has been quite good. After repeated sideways fluctuations, it has shown strong resilience. The weekend's weakness was broken by a small rebound in the past two days. Bitcoin has returned to the 70,000 level, and Ethereum has once again surpassed $2000. Although I can't say this time will definitely break through the resistance of the range-bound market, after such a long period of sideways movement, the probability of a rebound has exceeded 80%.
Yesterday, I mentioned that my position had reached 90%. Some people expressed doubt, so let me clarify: I haven't included assets outside the crypto circle, but within the crypto space, I am holding a solid 90%, mostly ETH. Actually, during the last drop below $2000 for Ethereum, I was also at this level, and I clearly remember many people expressing doubt and panic at that time. But the subsequent market trend proved I was not wrong. This time, I believe the overall market still has a good chance of rising amid market skepticism.
Thanks for your attention and likes. $BTC ‌$ETH ‌