The period of severe market fluctuations often hides the opportunity for a Bitcoin bull run to recover.

Recently, Israel's military actions against Iran have triggered instability in global markets, and the price of Bitcoin has fallen from a high of $103,000. However, historical data shows that the Bitcoin market typically exhibits unique resilience in the aftermath of geopolitical conflicts.

Behind the short-term panic sentiment in the market, the flow of funds is the real core indicator worth paying attention to. The latest on-chain data analysis shows that cold wallet holders are increasing their holdings, while exchange Bitcoin inventory continues to decrease—this phenomenon is usually seen as a signal that large funds are about to push prices up after positioning.

On the surface, prices are falling, but the main funds behind the market are increasing their positions against the trend. A real market rebound often occurs when investors are extremely pessimistic; when the public consensus reaches a bearish outlook, the upward trend has often quietly started.

When ordinary investors regain their willingness to buy, the price of Bitcoin may have already broken through the original cognitive range, forming a new price height.