Geopolitical risks have surged, yet the digital money market shows remarkable stability.

On June 15, the situation in the Middle East escalated sharply: an explosion occurred in Tehran, Israel claimed to have taken military action, and Iran responded with dozens of ballistic missiles. Such geopolitical conflicts usually trigger panic in financial markets, and the prices of risk assets often plummet accordingly.

However, surprisingly, the Fear and Greed Index for the cryptocurrency market remains stable in the "Greed" range, with the latest reading at 60. Although this figure has decreased from 71 on Thursday, it still indicates that overall market sentiment remains positive. Even though Bitcoin briefly dropped by 2.8% on Friday, falling below $103,000, the overall confidence in the market has not wavered, instead exhibiting an extraordinary calmness and optimism.

Crypto market analyst Za commented directly: "Bitcoin currently seems completely unaffected by the Israel-Iran conflict." Another analyst, Pompliano, expressed even more directly: "Bitcoin shows an unyielding resilience." Although the remarks are strong, it's indeed hard to refute these views based on the price trends.

It is worth noting that Bitcoin has once again crossed the $100,000 mark, marking the first breakthrough since May 8. The stability of this psychological price point is crucial for the market; if it cannot be maintained, there will be a liquidation risk for over $1.74 billion in leveraged positions on-chain, which could completely alter the market trend.

Against the backdrop of escalating global geopolitical risks, the market resilience exhibited by Bitcoin is noteworthy, which may also reflect the characteristics of digital assets as a safe-haven tool gradually being recognized by the market.