# Daily Cryptocurrency Market Hotspot Review In the past 24 hours, the crypto market has experienced severe fluctuations, mainstream coins have generally declined, panic sentiment has spread, and the continuous net inflow of spot ETFs provides crucial support, with the market searching for balance amid intense volatility.
Just past the weekend, Trump's extreme pressure combined with Iran's sharp counterattacks stirred intense fluctuations in the cryptocurrency market's sentiment.
First, Trump issued a final ultimatum to Iran regarding the Strait of Hormuz, demanding that Iran ensure no further threats to the navigation of the strait within 48 hours, or face a paralysis of its power grid;
Then the media released six preconditions set by the U.S. for a ceasefire and negotiations;
Iran proposed six conditions for a ceasefire and talks over the weekend in a tit-for-tat manner;
It seems that both the US and Iran have turned this geopolitical conflict into a verbal comedy performance.
The capital market fears this kind of uncertainty trend the most, and coinciding with the weekend period, the 24/7 online trading of the cryptocurrency market has become an outlet for market sentiment. BTC's daily chart saw a high-level correction, falling below the 70K integer mark, and consecutively breaking through the 69K and 68K levels, but has recovered somewhat during today's Asian trading session.
In the current fog of proactive geopolitical market conditions, as small retail investors in the crypto space, we should observe more and act less, avoiding blind FOMO. Knowing but not acting immediately is the way to survive right now.
