[Bitunix Analyst: Escalating Middle East and Russia-Ukraine Tensions Suppress Risk Appetite for BTC, Resistance at 111.6k/113.6k, Support at 107.4k] BlockBeats News, September 1: Israel announced the killing of a key Hamas spokesperson in Gaza City and is continuing preparations for a full-scale offensive on Gaza. Meanwhile, plans have surfaced regarding U.S. post-war involvement and reconstruction, including at least a decade of control, alongside discussions of Israel considering annexing the West Bank. Geopolitical tensions have once again intensified in the short term. Both Russia and Ukraine have ramped up attacks on energy infrastructure, making global risk premiums and energy price fluctuations key market concerns. In the cryptocurrency market, BTC has seen significant liquidations concentrated around the 109.5k level over the past week, with the 107.4k level being a dense area for long positions. Currently, prices are fluctuating between 108–110k. Bitunix analysts suggest: This event brings international relations, humanitarian, and sovereignty issues to the forefront, which in the short term will increase market uncertainty and may drive volatility in safe-haven assets, energy, and the U.S. dollar. Market participants are advised to prioritize a macro perspective—closely monitor oil prices, the dollar's trajectory, and major nations' diplomatic responses. Pay attention to changes in capital flows and avoid adjusting long-term asset allocations solely based on news headlines. For crypto assets, geopolitical risks may temporarily increase volatility and trading volume, but medium- to long-term trends will still depend on liquidity and capital conditions. Leverage key information points (diplomacy/sanctions/oil market supply) to assess risk appetite, rather than being swayed by single news events.