Risk-off sentiment is intensifying

The escalation in the Middle East remains the main factor weighing on markets, as the situation is only worsening: strikes on the energy sector continue, oil prices are rising, and there's no end in sight to the conflict.
Added to this is Powell's hawkish tone at the Fed meeting, who bluntly stated that no declines are expected due to rising prices and inflation. Markets are now pricing in a decline, and some major banks are pricing in no declines at all this year. All of this is putting pressure on the market, especially the stock market.
At such moments, we will likely continue to see BTC's "safe haven" effect, but overall, geopolitics is currently strengthening risk-off sentiment.
Yes, crypto is also suffering—there are manipulations and liquidity-driven moves, but it still looks good compared to other risk assets: it has now consolidated above 70k.
It's difficult to predict anything, as everything can change at any moment, but as long as there's uncertainty in the Middle East, BTC will likely continue to fluctuate within its current range.
Altside peaks and pumps aren't going anywhere, so we'll work with what we have and see what happens.