Interesting movement occurred in the crypto market over the weekend. On Saturday, following tensions with Iran, we saw a short sell-off, but on Sunday, the opposite happened. Bitcoin rose from below 64,000 to around 71,000, and Solana and Ether also showed a strong recovery. So why did such a rapid reversal happen?

It's actually a simple change in sentiment. After the news of the Iranian leader's death, the market started pricing in a shorter conflict. Expectations of reduced tension triggered buying in the crypto market, leading to gains of 5% to 10% in major tokens like Solana, Ether, and XRP. Especially, Solana surged about 10%, and Ether stayed close to $2,000. Why does the crypto market rise like this during such moments? Because when uncertainty decreases, risk appetite returns.

But there's a warning here. Looking at the weekly basis, the picture is mixed. Bitcoin still shows small losses for the week, while Solana and Ether are slightly in the green. The real test will begin when traditional markets open at the start of this week. The reactions of stock and oil markets will determine whether the optimism seen on Sunday in crypto will continue. For now, it can be said that the rally is fragile because it occurred during low liquidity over the weekend.