Bitcoin experienced price volatility this morning following the surprise US and Israeli attacks on Iran.
Darkfost, an analyst at cryptocurrency analytics company CryptoQuant, stated that there has been a sharp shift in sentiment in cryptocurrency markets following the US attack on Iran. According to the analyst, the escalation of geopolitical tensions rapidly increased selling pressure, especially in derivatives markets.
According to Darkforth’s analysis, approximately $1.8 billion in sales volume was generated in just one hour during the morning hours. This indicates a strengthening of investor risk aversion as aggressive market selling entered the order book.
A notable decline was recorded in the measurement based on the derivatives pressure index. The indicator fell from 30 percent to 18 percent in a short time. According to the analyst, this movement indicates a strong shift towards bearish sentiment in the market and a clear dominance of sellers.
Darkfost stated that such imbalances indicate periods of heightened short-term risk perception. He noted that in this environment, market conditions become more volatile and unpredictable, with price movements shaped more by sentiment and risk management reflexes than by fundamental structural dynamics. Therefore, he emphasized the importance of a cautious approach.
However, Darkfost noted that when market consensus becomes excessively one-sided or positioning reaches extreme levels, prices tend to move in the opposite direction. According to the analyst, periods of panic-driven selling, although difficult to time, can pave the way for technical rebound rallies.
