Geopolitical tensions reached a boiling point on Sunday when U.S. airstrikes on Iranian nuclear facilities and Iran's threats to close the Strait of Hormuz triggered widespread market panic. Social media platforms buzzed with predictions of an imminent oil price surge that would crash risk assets including cryptocurrencies. According to TradingView data, Brent crude oil initially gapped 3% higher to $77.79 per barrel during Asian trading hours on Monday—a five-month peak—while West Texas Intermediate (WTI) hit $78.58. However, both benchmarks rapidly reversed gains, settling at $77 (up 1.4%) and $76.75 respectively by European afternoon. Concurrently, Bitcoin plunged below $98,000 in early Monday trading as Deribit's BTC put options traded at an 8%-10% volatility premium over calls, reflecting extreme bearish sentiment. Yet BTC staged a dramatic recovery to $101,000 within hours and extended gains to $104,830.48 according to Binance BTCUSDT pair data, while S&P 500 futures dipped just 0.3%. This divergence between feared outcomes and actual price action highlights market skepticism toward Iran's threats. Energy analyst Anas Alhajji noted on social media platform X that Iran has made 15 similar closure threats since the 1980s without follow-through, citing the impossibility of blocking Oman's territorial waters without triggering a Gulf Cooperation Council military response. Dutch bank ING reinforced this view in client reports, emphasizing that blocking the Strait—which handles 80% of Asia-bound oil—would disproportionately harm Iran's key ally China while leaving U.S. supply chains relatively unscathed via underutilized pipelines. The failed oil spike averted potential stagflation scenarios that historically devastate risk assets. Bitcoin's resilience underscores its evolving correlation matrix: whereas 2022 saw BTC trade as a risk proxy, its recovery amid flat equities suggests growing decoupling. Institutional flows appear cautiously opportunistic, with BTCUSDC volumes surging to 42.22851 BTC versus BTCUSDT's 14.17276 BTC, indicating whale accumulation through less volatile entry points. Technical analysis reveals Bitcoin's critical $100,430 horizontal support held despite Sunday's dip to $97,887. The subsequent 7.1% rebound to $105,883.31 (Binance 24h high) mirrors June 5th's identical support bounce that catalyzed a $110,000 rally. Current price action shows consolidation above the 4-hour Bollinger Band baseline at $103,200, with the $105,800-$106,000 zone acting as immediate resistance. A decisive close above $106,500 could retest June highs, though failure to hold $102,900 may trigger profit-taking toward the 100/200-day SMA confluence at $95,900. Altcoins exhibited asymmetric strength: SOLBTC surged 4.409% to 0.00136890 with 124.72 BTC volume, AVAXBTC rocketed 6.733% to 0.00022670 (859.84 BTC volume), and ETHBTC gained 3.235% to 0.02298. Conversely, BNBBTC dipped 0.425% amid 8.335 BTC volume, signaling capital rotation toward higher-beta tokens. The VIX-equivalent Crypto Fear & Greed Index jumped from 35 to 52 within 24 hours, confirming sentiment normalization. Oil-crypto correlations remain negligible short-term, but sustained Brent prices above $79 could renew stagflation fears and pressure BTC. For now, the defense of $100,430 establishes a technical foothold for renewed bullish momentum.