Geopolitics Strikes Again
The market barely had a moment to breathe — and panic returned instantly. This morning, Bitcoin was breaking above $106,000, but the rally was abruptly cut short: media outlets reported that Iran had violated the ceasefire with Israel. The deal, announced just hours earlier by Donald Trump, collapsed. The market responded immediately — with $500 million in liquidations in just one hour.
Bitcoin instantly dropped below $105,000, falling back into a zone of uncertainty. The primary impact was on longs — traders were caught off guard by the geopolitical twist.
Ceasefire Collapses, Missiles Back in Play
Israeli Defense Minister Yoav Gallant announced “intense strikes” on Tehran, accusing Iran of breaching agreements brokered by the U.S. and Qatar. According to IDF Chief of Staff Herzi Halevi, Tel Aviv “will not wait for a second strike.”
Iran denies the breach, but its National Security Council has already issued a statement: the country is ready to respond immediately in case of escalation.
Markets are on edge. The ceasefire was expected to reduce regional tensions. Instead — renewed strikes and a resurgence of fear.
$500M in Liquidations in One Hour — Who Got Hit
Mass volatility wiped out leveraged players. According to Coinglass, over $500 million was liquidated in just an hour — mostly from long positions. Large whales were at the center of the sell-off.
A scenario that yesterday looked like a pullback with recovery potential now once again resembles war and panic.
Van de Poppe: “Buy the Dip”
Still, not everyone sees the drop as catastrophic. Trader and analyst Michaël van de Poppe stated the trend remains bullish. He called the fall a “healthy correction” and pointed to the $103,000 level as a potential accumulation zone.
“Bitcoin has flipped its trend. We dipped below $100K, quickly recovered, and broke through $103K. This is a retest. The best time to buy is now,” he wrote.
But the market remains cautious. Many participants are waiting for confirmation: is this a reversal or are we heading lower?
Trump Attacks the Fed: “Cut Rates, Stop Being Stubborn”
Amid the military escalation, Donald Trump turned to the economy. In a new post on Truth Social, he slammed Fed Chair Jerome Powell for refusing to lower interest rates in June.
“There’s no inflation, the economy’s great — we should be two, even three points lower. That would save the country $800 billion a year,” Trump wrote.
He added that if the cut didn’t work, rates could “go back up later,” but called on Congress to “rein in this stubborn man,” referring to Powell.
The market took this as a signal: pressure on the Fed is rising. And if Powell doesn’t shift course, Trump’s rhetoric is likely to intensify.
What’s Next?
Bitcoin is hovering around $104,800. The market is tense, liquidity is thin, and geopolitics has taken center stage. While investors try to make sense of it all, traders have only one choice — watch the news feed closely.
This dip might be temporary. Or it could be the beginning of a new wave of sell-offs. In either case, charts are no longer the only thing to analyze.
