It seems that the market sentiment is still bullish on $BTC. I was initially worried that on Monday, traditional investors would sell off due to the issues between the U.S. and Iran, but the actual situation is that investors from BlackRock and Fidelity still maintain decent purchasing power and have not been affected by rising oil prices and falling U.S. stocks. However, the strength of purchases is still quite distant from that during a bull market.

To be more precise, investors are still expecting a complete reconciliation between the U.S. and Iran, believing that Bitcoin can continue to rise alongside U.S. stocks. Investors are willing to bet that there are still opportunities for BTC to increase, but it is not very clear whether this opportunity is short-term or long-term for investors buying now.

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