币界网报道：Affected by the escalation of the US-Iran conflict, the crypto market has experienced severe fluctuations, with BTC falling below $100,000 and ETH falling below the $2,300 mark. Data shows that short traders have made significant profits: a whale on the Hyperliquid platform who shorted 16 tokens has made a floating profit of $9.68 million; another institution shorted 58 currencies and made a profit of $21.34 million; an ETH smart money player has accumulated a profit of more than $21.75 million through precise short selling. Industry insiders pointed out that the current market is affected by multiple factors: 294 of the top 1,000 trading volumes have hit a six-month low; trader James Wynn lowered BTC's short-term target price to $93,000-95,000; the U.S. stock market's copycat bull market has a siphon effect on the liquidity of the crypto market; and the Trump administration's military action against Iran has further exacerbated geopolitical risks. The short-term market trend will depend on the subsequent policy trends of the United States, and the overall sentiment is currently pessimistic.