And it happened … Bitcoin with a bang broke the level of 100,000 USD, but down. The crypto market got a slight breath, Altcoins have hit, all in the shade of rockets, drones and geopolitical chaos between Israel, Iran and the USA. What does this mean for Bitcoin, Ethereum and Solans? Can BTC still be digital gold and a safe marinade, or can it run in stablecoin or real gold? Today we will summarize and analyze what has happened in recent days and where we are currently.
Geopolitical rollercoaster and panic on the markets
It all began on June 13, 2025, when Israel performed the largest military surgery for decades against Iran, bombing their nuclear objects and military bases. Iran did not remain debt, because rockets and drones flew to Israeli cities, destroying a large part of Tel Avivu, and the threat of blocking the Straśnina Ormuz turned the oil market upside down and the price of the barrel jumped to 76 USD. But a real shock came on June 21, when the USA, under the leadership of Donald Trump, entered the game, attacking Iranian nuclear installations. Markets went crazy, gold soared to $ 3,427 per ounce, the dollar strengthened and cryptocurrencies? These made a downhill ride a bit like sleds. Bitcoin lost 3.4% after Israel’s attacks and subsequent percentages after the US traffic, falling below 100,000 USD. Ethereum and Solana were even tighter, and the liquidation of the items on the stock exchanges reached USD 2 billion.
Bitcoin slightly battered, but still in the game
From a technical point of view, Bitcoin after piercing $ 100,000 down, it reflected $ 104,000 to around, but the pressure of the bear does not give up. RSI at level 40 shows that the market is sold out, which gives hope for a short -term reflection, unless the world serves us further escalation. Key support is 97,000 USD is a 50-day walking average and USD 90,000, and resistance is a psychological 100,000 and USD 107,000. On-chain data gives some encouragement, because whales, or large investors, accumulate BTC. This is a sign that someone sees this opportunity. But let’s be honest, if Iran decides to block ORMUZ or a sharp response to the US, then 90,000 USD may be closer than we think. On the other hand, the de -escalation of the conflict is a chance for a jump to 106,500 USD. At Liquidation Heat -Map there was a lot of liquidity to be licked below 100,000 USD and it was nicely cleaned and currently there is much more liquidity around 110,000 -111 000 USD, so it is very likely that we will come back quickly.
After a decrease below 100,000 USD, the Bitcoin network activity reached the annual minimum, which indicates reduced interest in transactions. Despite the declines, most Bitcoin owners remain in the plus, which can limit panic sales. On-chain data suggest that despite short-term panic, Bitcoin’s foundations remain strong. Coallation by whales can be a signal of preparation for reflection. SOPR is an on-chain indicator that measures, whether investors sell their bitcoins with profit, loss or at Break-Even level. The current SOPR level at 1.007 means that on average investors who transfer their BTC (e.g. sell or transfer between wallets), implement a minimum profit – about 0.7% above the purchase price.
Fear & Greed Index is an indicator measuring sentiment on the cryptocurrency market, based on data such as variability, volumes, social media activity, Bitcoin domination or survey results. Level around 42 means that the market is in the fear zone Fearwhich indicates the advantage of pessimism among investors.
Ethereum and Solana. How are Altcoins in the shade of Bitcoin?
Ethereum, which barely zipped around USD 2,300 anyway, got bone, recently falling by 10% per day. RSI at level 35 suggests that it is cheap, and the whales began to pick up ETH after an Israeli attack on June 13 and to this day you can see increased activity on ETFs. But the general decrease in DEFI’s interest on Ethereum shows that Retail is sitting quietly at the time.
Solana, in turn, bleeds even more, the losses reached 12% during the day and the price around June minima. However, it is worth taking a look at Danyn On-Chain, because the number of active addresses and transactions to salt is increasing, and the NFT sector is still doing well. Technically, Sol balances on a support line of 120 USD, but in the event of more panic it can fly to $ 100. If the market calms down, the reflection to USD 150 is within range. Both currencies are more susceptible to volatility than BTC, so without the stabilization of King Krypto, you can’t count on fireworks.
Safe marina?
Dreams of Bitcoin as a digital gold must wait temporarily, although I think that it is very good in the face of such an uncertain situation in the world. The fact, during this crisis, behaves a bit like a typical risky act, falling side by side with Nasdaq and S&P 500. Investors threw themselves on gold, dollar and US tax bonds. Even stableleins like USDC or USDT are now more “safe” than BTC. However, it should be remembered that last year people dreamed of a price of $ 100,000 per BTC and it was an impossible level for some to be punctured, and today during enormous panic and uncertainty related to wars we are constantly maintaining such high levels. People quickly get used to the good, and then every deeper correction causes a wave of panic.
The data show that Bitcoin correlation with stock markets is still high and increased variability does not help. Let’s not forget where we were a year ago and how much good it happened for Bitcoin in recent months. We are fundamentally in a very good place, and in the long run nothing changes. Blackrock or Metaplanet institutions are still buying BTC, Metaplanet today announced the purchase of more bitcoins and hold over 11,000 pieces. In my humble opinion, it’s just a matter of time until Bitcoin returns to the game.
What next?
Short -term everything depends on Iran, Israel and their allies. If the military conflict is escalating, Bitcoin can dive up to USD 90,000, and Altcoins will include even deeper declines. However, if de -escalating occurs, BTC has a chance to reflect up to 104,500 – 106,500 USD, pulling ETH with it to USD 2,300 – 2400 and Solana at USD 150. Medium -term crypto foundations are strong. The accumulation of whales and ETFs and growing adoption are important. Long -term? Analysts as planb still see BTC at 120,000 – 175,000 USD in 2025. But now I advise you to keep cool, i.e. limit the levary, monitor news and consider stablecoin, if you want to sleep calmly. And for the brave? Current levels can be an opportunity and the possibility of renewing the prices of entering some cryptocurrencies, with BTC at the forefront.
The crypto market is now a bit of a wild West, and the conflict of Israel – Iran adds oil to fire. Bitcoin’s correction below 100,000 USD is not the end of the world, but more relief in the shadow of global chaos. Ethereum and Solana also made a correction, but the foundations are still strong. A safe haven is for now gold and dollar, but crypto and especially BTC, in my opinion they will still show the claw in this cycle. Keep your finger on the pulse, because the next days will be very important. Be careful and limited leveled positions due to high variability. Monitor Iran’s reaction to US attacks, because it will be a key factor for markets. Technical analysis indicates a potential reflection if the conflict does not escalate, but the risk of further declines remains high. On-chain data suggest accumulation by whales, which may be a bull signal within a medium date.
