Trump threatens to use military force against Iran and take over oil, causing a sharp increase in Middle East geopolitical risks. In the short term, this will directly impact the cryptocurrency market. Market panic sentiment is rising, funds are fleeing to safe havens, and BTC and ETH face significant selling pressure, with short-term volatility increasing substantially. Meanwhile, the conflict pushes up oil prices, intensifies inflationary pressures, and weakens the Fed's rate cut expectations, further suppressing cryptocurrency prices. Overall, the market is likely to remain under pressure and fluctuate sideways in the short term. Traders should strictly control positions and implement stop-loss measures.