The IDF is reportedly preparing to resume strikes on Iran within days, pending Trump's final decision. Iran's 14-point peace proposal has been formally rejected. France's Charles de Gaulle carrier group is now alongside US and UK forces in the Arabian Sea. Israel just extended the Lebanon ceasefire 45 days to free up forces for the east. This isn't background noise anymore. Here's what the market keeps getting wrong: the reflex is "risk-off, sell everything." And yes, BTC dropped about 5% when Iran tensions first spiked earlier this year. But two weeks in? Bitcoin outperformed gold, the S&P 500, and most Asian equities during the heaviest military activity. ETF inflows absorbed the panic. Institutional hands didn't blink. The real variable isn't whether strikes happen. It's duration. "Days or weeks" is the window being signaled. A short campaign? Markets can price that. A prolonged conflict that keeps oil elevated, Strait of Hormuz supply chains stressed, and inflation ticking up again? That re-awakens the hawkish Fed trade. Dollar strengthens. Crypto faces real headwinds from rate pressure, not fear. De-escalation and escalation signals are coexisting right now in real time. Hard to tell from here which one wins. If you're watching one thing: whether the Strait of Hormuz stays open. What's your read? Short and decisive, or are we looking at something longer? Worth reading: timesofisrael.com/israel-said-bracing-for-iran-fighting-to-resume-soon Share your thoughts in the comments 👇 #IsraelPrepsIranStrike @OKX Orbit $BTC $ETH