The escalation of the US-Iran situation suppresses risk appetite; Bitcoin faces a test at the $96,000 level

BTC4,05%
ETH5,85%
SOL3,68%
BNB2,96%

January 15 News, affected by Middle East geopolitical uncertainties, global risk assets are under pressure overall. Bitcoin, after a strong rebound earlier this week, has entered a consolidation phase. On Thursday, Bitcoin’s price hovered around $96,200, rising slightly by about 1% within 24 hours, but market attention to whether it can hold the key support level of $96,000 has noticeably increased.

From a macro perspective, U.S. President Trump signaled the possibility of delaying military action against Iran, easing tensions in the short term and prompting the first decline in oil prices in six trading days. However, this change did not significantly boost overall risk appetite; precious metal prices retreated from highs, Asian stock markets edged lower, and U.S. stock index futures weakened due to pressure from tech stocks.

The crypto market previously performed well. The overall market cap increased nearly 5% in a single day, reaching a high of approximately $3.25 trillion. Market sentiment indicators also improved, with the Crypto Fear & Greed Index rising to 48, hitting a new high since the end of 2025, indicating traders’ risk appetite has somewhat recovered.

On the technical side, FxPro Chief Market Analyst Alex Kuptsikevich pointed out that Bitcoin has broken through multiple technical resistance zones, theoretically leaving room to extend toward the $100,000 to $106,000 range. However, the current trend appears more like a consolidation after an increase rather than a new acceleration phase.

Structurally, the performance of mainstream tokens has begun to diverge. Ethereum remains around $3,300, Solana and BNB are relatively resilient, while XRP and Dogecoin have experienced about a 3% pullback. This uneven rotation often indicates short-term profit-taking by traders, with the market waiting for new driving factors.

Meanwhile, stablecoin prices remain stable, with no significant de-pegging of dollar-pegged assets like USDT, suggesting that liquidity pressures have not yet emerged. In the short term, traders are closely watching whether Bitcoin can continue to hold above $95,000 amid a generally weak global stock market, to determine whether this rally is a consolidation phase or a sign of a temporary top.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Robert Kiyosaki recommends Bitcoin, gold as 1974 shift comes full circle

“Rich Dad Poor Dad” author Robert Kiyosaki has argued that the economic shifts set in motion more than five decades ago are now unfolding, advocating for Bitcoin and gold while warning against rising debt, inflation and retirement risks. In a Saturday post on X, Kiyosaki pointed to 1974 as a

Cointelegraph1h ago

Empery Digital sold 370 BTC last week, bringing its total holdings down to 2,989 BTC

Bitcoin treasury firm Empery Digital sold 370 bitcoins last week at an average price of $66,632 per coin, generating about $24.7 million in revenue. Its holdings fell to 2,989 bitcoins. At the same time, the company has repurchased about $142 million worth of shares and plans to continue reducing its bitcoin position to support future share buybacks and repayment of its debt.

GateNews1h ago

BTC Digital and Aurora Energy Partner to Build an AI Computing Platform Powered by Natural Gas

Gate News message, April 6, BTC Digital signed a joint development and operations agreement with Canadian energy company Aurora Energy. The two sides will combine Aurora Energy’s natural gas resource advantages and BTC Digital’s experience in operating computing infrastructure to jointly build high-performance computing facilities. The facility’s initial phase will support Bitcoin mining, with plans to expand in the future to artificial intelligence computing, data center computing, and other high-performance computing application scenarios.

GateNews1h ago

Strategy added another 4,871 bitcoin for $330 million, with holdings nearing 767,000 BTC

Michael Saylor's Strategy (MSTR) purchased 4,871 bitcoins for $329.9 million, increasing its total holdings to 766,970 BTC. Despite significant unrealized losses, it remains the largest corporate holder of bitcoin.

CoinDesk2h ago
Comment
0/400
No comments