Odaily Planet Daily News QCP published an article stating that Bitcoin briefly fell below the psychological barrier of $100,000 on Sunday, hitting a low of $98,200, a new low since breaking through $100,000 on May 8. The decline was triggered by Iran's threat to close the Strait of Hormuz, resulting in the liquidation of more than $1 billion in positions in the cryptocurrency market. However, Bitcoin has returned above $100,000 on Monday morning, indicating that the weekend's pullback was mainly driven by macro factors. Despite Iran's threats of retaliation, the market seems to believe that the possibility of a major conflict escalation is limited, and the United States is suppressing Iran through diplomatic channels. This background factor has played a role in stabilizing the market. Traditional markets also reacted calmly. U.S. stock futures, oil and gold prices have returned to Friday's levels after initial fluctuations. Investors see this as a regional risk rather than a global crisis. Analysts point out that the Bitcoin market is at a critical turning point, balancing risk appetite and safe-haven demand amid geopolitical uncertainty.