The "Exam Time" for Safe-Haven Assets Has Arrived

Whenever the international situation escalates, BTC is put to the test: Are you really a safe-haven asset?
This time, with the escalation of the Middle East conflict, BTC experienced a short-term plunge, indicating that in the global capital allocation system, it still belongs to high-volatility risk assets. The US dollar, US Treasuries, and gold usually benefit first, while cryptocurrencies need time to recover market sentiment.
But we shouldn't overlook the other side. If the conflict continues, issues like capital controls and cross-border payment restrictions may once again become focal points. At this time, BTC's "borderless nature" will be re-emphasized.
In other words, the short-term decline is panic pricing, and the subsequent trend depends on whether the conflict escalates. If it's just a brief conflict, the market may recover quickly; if it escalates into long-term geopolitical tension, the logic of capital allocation could subtly change.
High Beta assets like ETH, SOL, and others tend to be more volatile, and altcoins might even experience overselling. Mainstream coins are relatively more stable but are also prone to fluctuations.
To put it humorously, BTC is now like a contestant trying to find its identity: sometimes it's a tech stock, sometimes gold, and sometimes foreign exchange. The market's view of it is still in flux. #美国以色列突袭伊朗BTC短线跳水