#密码资产动态追踪 The Middle East situation has taken a sharp turn, and this time it might really shake up the crypto world.

A few recent events have made the market a bit tense. The U.S. State Department issued the highest level of warning, requiring all U.S. citizens to immediately evacuate Iran. The government is unable to organize the evacuation—such a high-level warning is uncommon and indicates that the situation is indeed serious.

Following that, Trump announced comprehensive sanctions against Iran on social media, directly stating: any country doing business with Iran will face a 25% tariff. This move is quite aggressive, mainly aimed at pressuring Iran’s major trading partners.

For risk assets like $BTC $ETH, these kinds of events are never minor:

**What could happen on the market level?**

Once macro variables like geopolitical tensions change suddenly, global risk aversion tends to spike collectively. If the energy supply chain is disrupted, commodity prices will likely fluctuate wildly, directly impacting global liquidity. Cross-border capital flows will also face new regulatory pressures.

What does the crypto market fear most? It’s this kind of sudden systemic risk. Specifically, volatility will soar, correlations between different assets may start to diverge, and market liquidity could experience gaps.

**What should we do now?**

Honestly, no one can precisely predict how political events will evolve. But as participants, these points should be monitored: track the developments in the Middle East, understand your own risk exposure, and be alert to the risk of sudden liquidity shortages during the most volatile market periods.

Ultimately, as major powers enter a critical phase of strategic competition, all risk assets need to be re-evaluated. The crypto market is most sensitive to global liquidity. How this event unfolds, every market participant should keep a close eye on.