Recently, geopolitical tensions have escalated, and the precious metals market has responded accordingly—both gold and silver are hitting new all-time highs. In theory, in such a risk environment, cryptocurrencies as digital safe-haven assets should also rise, but the actual market performance has not been so ideal.

This is quite interesting. The market often says that Bitcoin is digital gold and that crypto assets are safe-haven assets, but why do they not surge as strongly in the face of real geopolitical conflicts? Is it because market sentiment has not fully accepted this view, or is this round of safe-haven sentiment more inclined towards traditional assets?

From the current market situation, Bitcoin is around 91,000+, with some traders thinking of continuing to bullishly target 95,000, while risk control is set at the 90,000 level. Ethereum has broken through the 3,150 resistance level and started to rebound, with a target of 3,350 and a support at 3,100. Solana is hovering around 140, with resistance above at 150 and support below at 130.

The future direction still depends on the actual development of this risk event and the market’s risk appetite adjustment.