Commodity prices hit record highs, but the crypto market stalls at key support levels

The recent trend is quite interesting. As geopolitical tensions escalate, a large influx of capital flows into hard assets like commodities to hedge risks—look at oil prices and precious metals, each reaching new highs. Meanwhile, the cryptocurrency market remains somewhat subdued, oscillating within a range.

This divergence is worth pondering. What does it reflect? Simply put, investors currently favor tangible assets in an environment of inflation and geopolitical conflicts. In comparison, the crypto market has not yet become the preferred safe haven.

The question is, if BTC and ETH break through these critical support levels before risk appetite recovers, the situation could become very passive. The short-term pressure on these coins cannot be ignored. Therefore, in this market environment, it is essential to closely monitor shifts in risk appetite and whether these key levels can hold.