Once the two-week ceasefire news between Iran and the U.S. broke, Bitcoin went crazy, jumping from 68,000 to 72,000 in seconds, pulling back $5,000 intraday. This isn't just a simple risk-off correction; it's the pricing logic of geopolitical tensions.

Don't just focus on the price—look at the 'bomb' behind it. Bit Digital yesterday executed an epic move by staking 43k ETH, worth over $60k.
Looking at ETFs, the single-day net inflow was $470 million, the highest in six weeks. Notice something? Big capital doesn't care about short-term fluctuations; they are taking advantage of the chaos to aggressively accumulate chips.
From 'destroy civilization at 8 o'clock' to 'sit down and talk,' the script has flipped too quickly. Miner deleveraging has ended, fundamentals are in place, and the war clouds have temporarily dispersed—these three factors coming together caused yesterday's surge.
But don’t celebrate too early. After the two-week ceasefire expires, negotiations will either lead to peace or escalate into even more intense conflict. Is the current 72,000 the start of a new high or the last frenzy? No one knows.