TechFlow news, June 24 — Chloe (@ChloeTalk1), author of the HTX DeepThink column and researcher at HTX Research, stated that on June 24, Trump announced on a social media platform that Israel and Iran had reached a "comprehensive and complete ceasefire," with officials declaring an end to the so-called "12-day war." However, right before the ceasefire took effect, both sides continued intense fighting to gain strategic advantage. Although the Khamenei regime suffered damage, it has stubbornly persisted thanks to its theocratic system. The U.S. deployed advanced military assets such as B-2 bombers as bargaining chips and conducted multiple rounds of mediation through communications between the president, vice president, secretary of state, and Qatar. Iran's foreign minister left room for maneuver by stating it would halt responses if bombings ceased. Qatar gained significant benefits from mediating, markedly boosting its regional influence.
Meanwhile, global markets swiftly shifted from risk aversion to risk appetite. Today, Bitcoin oscillated slightly around $105,500. Open interest in put options below $104,000 surged, and implied volatility rose at that level. Multiple Bitcoin transactions exceeding ten million dollars flowed into exchanges, funding rates for long positions in futures turned negative, indicating dominance by bears. The dollar index retreated to around 104, providing temporary support; however, further declines could pressure risk assets, while ongoing uncertainty in the Middle East continues to support safe-haven demand in the short term. $104,000 has become a critical support level for the day.
