Across-the-board plunge! Just now, over 100,000 people liquidated! Iran, latest warning

Iran Tensions Rise Again!

On March 14, local time, the spokesperson for Iran’s Central Command of the Hatam Anbia Armed Forces warned that if Iran’s oil, economic, and energy infrastructure are attacked, all oil, economic, and energy facilities related to the United States will be destroyed.

Earlier, U.S. President Trump announced that U.S. forces bombed Iran’s oil export hub, Hormuz Island, “completely destroying all military targets on the island.” A retired U.S. military officer stated that the attack on Hormuz Island has increased the risk of war and could ultimately cause oil prices to “spiral out of control.”

The cryptocurrency market has sensed the risk. From late night on the 13th to early morning on the 14th, Bitcoin, Ethereum, Solana, and others sharply declined and turned green collectively. Bitcoin fell from $73,800 to around $70,000, Ethereum dropped from $2,200 to below $2,100. As of press time, Bitcoin is down 0.55% at $70,800, Ethereum down 0.67% at $2,091, Solana down over 1%, Cardano down over 2%, Hyperliquid down 3.5%. Before this plunge, Bitcoin’s 24-hour increase once exceeded 5%, and Ethereum once rose over 6%.

According to CoinGlass data, in the past 24 hours, a total of 102,000 traders were liquidated worldwide, with a total liquidation amount of $373 million. In just the past 12 hours, long positions were liquidated for $135 million.

Latest Iran Warnings

According to CCTV News, the spokesperson for Iran’s Central Command of the Hatam Anbia Armed Forces warned on the 14th: “In response to the persistent aggression and terrorism of the United States, we declare that if Iran’s oil, economic, and energy infrastructure are attacked, as we have previously warned, all oil, economic, and energy facilities of oil companies that cooperate with or hold American shares in the region will be immediately destroyed and turned to ashes.”

On the 13th, a retired U.S. military officer told the media that the attack on Hormuz Island has increased the risk of war and could ultimately cause oil prices to “spiral out of control.”

Retired U.S. Army Brigadier General Mark Kimmit said, “This means we have significantly increased the stakes of this war. The conflict is no longer just about ‘destroying its military power and overthrowing its regime,’ but potentially evolving into an attempt to cut off the country’s economic lifelines.” Kimmit pointed out that the U.S. is using the island as a “hostage” to ensure Iran allows ships to pass through the Strait of Hormuz. If the strait is blocked, it could cause oil prices to soar. Kimmit warned that if these oil infrastructures are attacked, Iran “will retaliate with attacks on other regional infrastructure,” leading to a complete loss of control over oil prices.

Hormuz Island is a key hub for Iran’s oil exports. Iran’s Parliament Speaker, Ali Larijani, previously stated that if the U.S. and Israel attack any of Iran’s islands in the Persian Gulf, Iran will “give up all restraint.”

On the evening of the 13th, U.S. Eastern Time, Trump announced that U.S. forces bombed Iran’s oil export hub, Hormuz Island, “completely destroying all military targets on the island.” Trump said he did not choose to destroy the oil infrastructure on the island but threatened that if Iran or any other country interferes with the free and safe passage of ships through the Strait of Hormuz in any way, “I will reconsider this decision immediately.”

According to Xinhua News Agency, citing Iran’s Fars News Agency on the 14th, during enemy airstrikes on Hormuz Island, there were over 15 explosions on the island. The enemy attempted to damage defenses, military bases, and helicopter hangars, but the oil facilities were not damaged.

On Friday, Brent crude oil closed above $100 per barrel for the second consecutive day, reaching its highest level in over three years. WTI closed near $99 per barrel, the highest since July 2022. The rising oil prices are beginning to impact global consumers, intensify stock market volatility, and raise inflation concerns.

Analysts say that if Brent remains above the psychological threshold of $100 per barrel, it could further increase pressure on Trump to end the Iran conflict.

Launching the 48th round of military operations

According to CCTV News, the Iranian Islamic Revolutionary Guard Corps (IRGC) announced on the morning of the 14th that they, in coordination with Hezbollah, launched the “True Commitment-4” 48th military operation.

The operation involved the use of “Habar Shakan” missiles, “Qader” missiles, and destructive drones to strike the Golan Heights, northern Israel’s Galilee and Haifa, and U.S. military bases in the Middle East.

Earlier that day, Iran’s Tasnim News Agency quoted the IRGC statement reporting that the 47th wave of “True Commitment” operations targeted three locations in southern Israel, the U.S. Al Udeid Air Base in Qatar, and Iranian-affiliated “separatist” groups in Iraq.

On the 13th, Iranians held rallies nationwide condemning U.S. and Israeli military aggression in the Middle East. Many senior Iranian officials, including the president, participated in the rally in Tehran.

Despite Israel’s claim to carry out airstrikes in parts of Tehran, large crowds gathered in Revolution Street in central Tehran, waving Iranian flags and shouting anti-American and anti-Israeli slogans, condemning U.S. and Israeli military aggression. Participants stated that the U.S. and Israel plan to force Iran to surrender through military strikes and assassinations of Iranian leaders, but the Iranian people will unite with the military and government to resist invasion and fight to the end.

Several senior Iranian officials also attended the rally in Tehran, including President Raisi, Secretary of the Supreme National Security Council Larijani, and Foreign Minister Araghchi. Larijani said Israel’s attacks on Iran are “out of fear and despair.” He also stated that the U.S. does not realize that the more pressure they exert on the Iranian people, the more determined Iran will be.

Araghchi added that despite the “brutal” attacks launched by the U.S. and Israel that day, millions of Iranians participated in rallies across the country, demonstrating unwavering support for the nation.