According to CoinMeta, tensions in the Middle East continue, and oil prices rose slightly on Monday as traders look for the next catalyst that could drive market trends. Israel launched a new round of attacks on Lebanon, and the possibility of the United States imposing new sanctions on Iran has increased geopolitical uncertainty. Senior analyst Kyle Roda stated that the biggest downward pressure on the market at present remains geopolitical uncertainty, which continues to affect market sentiment from time to time. Conflicts surrounding the Iran war may further exacerbate the seemingly stalled negotiations between the US and Iran. Both sides seem ready to formally end the ceasefire agreement, but there is no clear progress on the issue of the Strait of Hormuz, while the US is also preparing to implement an "economic isolation" plan.