According to BlockBeats, on June 15th, despite the escalation of conflict between Israel and Iran, the cryptocurrency market sentiment index "Fear and Greed Index" remained in the "Greed" range. The index showed 60 in Sunday's update, staying in the "greedy" zone, and Bitcoin fell 2.8% on Friday to $103000. This decline occurred at 22:50 UTC on Thursday, after explosions were heard in Tehran and Israel claimed responsibility for the attack. Iran reportedly retaliated with "dozens of ballistic missiles" on Friday evening. On Thursday, the index's "Greed" rating was 71.
Despite the tense geopolitical situation, market participants still point out that Bitcoin has shown relative strength. Crypto analyst Za posted on Saturday, saying, "Bitcoin currently doesn't seem to care about the conflict between Israel and Iran (at least for now)." He added, "There's no better market sentiment indicator than Bitcoin, and I think it's worth noting." Crypto entrepreneur Anthony Pompliano said in a post that day, "Bitcoin never tires
Traders seem to still have confidence that Bitcoin can maintain above the psychological threshold of $100000. This price has been recaptured for the first time since May 8th. If it falls below this level, it may lead to liquidation risks for long positions exceeding 1.74 billion US dollars.
