One analyst noted that Bitcoin has entered a lower-than-expected zone but is still lacking upward momentum. Bitcoin surged above $65,000 after military clashes between the US and Iran eased for a second consecutive day. This also had a positive impact on altcoins, with Ethereum rising over 4% in the last 24 hours to above $1,960, while major altcoins like Solana and XRP gained between 1% and 2%. In contrast, international oil prices fell by approximately 5%.