Gate News reports that on March 20, tensions between the U.S. and Iran escalated, and market dynamics are shifting from short-term geopolitical event trading to long-term conflict pricing. This change affects oil, shipping, insurance, supply chain costs, and inflation expectations, along with central bank policy adjustments. Investors are focusing on hard assets like Bitcoin, gold, and copper, as well as resource sectors such as energy, mining, and shipping. Bitcoin is seen as a “flight asset” due to capital flow restrictions, but its recent price increase is mainly driven by liquidity and speculation. Additionally, sectors like AI, commercial space, drones, and strategic metals are expected to benefit in the long term. The U.S. faces rising oil prices and inflation pressures, with a risk of stagflation that could impact the attractiveness of dollar assets. The market recommends adopting defensive trading strategies, maintaining core positions, hedging risks with put options, and diversifying currency allocations.