The crypto market may have already priced in the negative impact of the Israel-Iran conflict, with the Fear & Greed Index still lingering in the "Greed" zone.

BlockBeats News, on June 15, despite escalating tensions between Israel and Iran, the cryptocurrency market sentiment index, the "Fear and Greed Index," remains in the "Greed" territory. As of the Sunday update, the index showed a score of 60, maintaining its status in the "Greed" range. Bitcoin fell by 2.8% on Friday, reaching $103,000. This drop occurred at 22:50 UTC on Thursday after reports of an explosion in Tehran, with Israel claiming responsibility for the attack. Iran reportedly retaliated with "dozens of ballistic missiles" on Friday evening. On Thursday, the index's "Greed" score was 71.

Despite the tense geopolitical situation, market participants have noted that Bitcoin has shown relative resilience. Crypto analyst Za wrote on Saturday: "Bitcoin seems to be largely ignoring the conflict between Israel and Iran (at least for now)." He added, "There is no better market sentiment indicator than Bitcoin, something I find very noteworthy." Crypto entrepreneur Anthony Pompliano remarked in a post that day, "Bitcoin is tireless."

Traders appear confident that Bitcoin will hold above the $100,000 psychological threshold. This price level was reclaimed for the first time since May 8. If it falls below this mark, it could potentially trigger a liquidation risk for long positions exceeding $1.74 billion.