In recent weeks, the cryptocurrency market has witnessed heightened volatility, influenced significantly by global geopolitical developments. Former U.S. President Donald Trump’s recent remarks condemning Russian President Vladimir Putin’s aggressive military actions in Ukraine have stirred discussions within financial sectors. Trump criticized Putin for inflicting “a large number of innocent civilian casualties,” which has further strained international relations. As Russia escalates its airstrikes, the call for more robust sanctions against it grows among Western allies led by Ukrainian President Volodymyr Zelenskyy.
This escalating conflict is prompting market analysts to anticipate a shift in investor sentiment, particularly in high-risk assets such as cryptocurrencies. According to Bitunix analysts, a potential surge in risk aversion may present unique opportunities for the digital currency space, as some funds may seek refuge in cryptocurrencies. Investors are advised to monitor critical liquidation thresholds closely, specifically the long liquidation range between 106K and 105K, alongside the short liquidation range of 110.5K to 111.2K.