$BTC and $ETH have held strong amidst the rising tensions between the US and Iran! After Trump ordered strikes on Iran, the market initially freaked out but quickly rebounded in a V-shape, indicating that big money is definitely bottom-fishing.

Oil prices shot up, and the Strait of Hormuz is indeed a critical area; whenever tensions rise, oil prices surge. Interestingly, the market seems to think this situation has already been "priced in," leading to a stabilization in the short term.
The biggest news is from the Bank of Japan! There's talk that the BOJ may raise rates to 1%, the highest in 31 years! If that happens, the interest rate differential between the US and Japan will narrow, likely prompting large funds to shift from US Treasuries to Japanese bonds, which could significantly impact global liquidity.
On the technical front, $BTC is holding firm at the $40k level, with some solid buy support. $ETH is fluctuating around the $2200 mark, still waiting for a clear direction.
Honestly, this market feels a bit contradictory: on one hand, the risk of conflict is quite high, but on the other hand, expectations for a central bank pivot are rising again. We can definitely expect volatility in the short term, but looking long-term, with global central banks beginning to raise rates, this could actually be a good thing for cryptocurrencies, right?#GateIPOAccessSpaceX
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