Analysis: BTC has not been affected by the US intervention in the Iran Israel conflict, and after a short-term decline, its reversal momentum has strengthened According to CoinDesk, CoinDesk Research analysis shows that Bitcoin has not been affected by the US intervention in the Iran Israel conflict, and after a short-term decline, trading volume has accelerated and the reversal momentum has strengthened. Although Bitcoin fell below $101000 at one point, it quickly rebounded to over $102000. Market participants reacted quickly to this decline, and as trading volume accelerated and the reversal momentum strengthened, it ultimately rebounded strongly. James Lavish, Managing Partner of Bitcoin Opportunity Fund, said, "If you sell Bitcoin out of fear of a possible war in the world, you have no idea what you have." In addition, on chain indicators show a balanced market, with neither excessive profit taking nor aggressive buying behavior. Derivative data shows cautious market sentiment and a continued need for downside protection.