Investors in the Bitcoin market are adopting a 'wait and see' approach amidst escalating geopolitical tensions and the outbreak of war on June 11.
Analysis of BTC exchange netflows shows that investors are not hastily selling off their holdings, indicating a lack of panic selling behavior.
Derivatives market data suggests that traders are holding onto their positions rather than exiting, with Open Interest on both centralized exchanges and the Chicago Mercantile Exchange holding firm.
Investor sentiment is cautious but not fearful, viewing the conflict as localized and not prompting a widespread sell-off in the market at present.
The market outlook remains calm for now, with participants exhibiting discipline and patience, waiting for clearer signals amidst ongoing geopolitical uncertainties.