Trump Condemns Putin Over Ukrainian Airstrikes, Markets Brace for Risk Aversion

Former U.S. President Trump issued a rare public condemnation of Russian President Putin, expressing surprise at Putin's continued airstrikes on Ukrainian cities during their recent conversation. Trump criticized Putin for "killing a large number of innocent civilians" and stated, "I do not like what he is doing."

Despite previous statements from Trump about facilitating a ceasefire agreement, Russia has intensified its military actions, launching the largest airstrike to date. This escalation has resulted in significant civilian casualties and drawn widespread international condemnation. Ukrainian President Zelenskyy has urged Western allies to increase pressure on Russia, while also expressing Ukraine's readiness for a ceasefire.

In response to the escalating geopolitical tensions, Bitunix analyst suggested that financial markets may experience a short-term surge in risk aversion, putting pressure on high-risk assets. The analyst noted that the cryptocurrency market could benefit from this situation as investors seek safe havens. The analyst recommended monitoring the BTC long liquidation range of 106K-105K and the short liquidation range of 110.5K-111.2K.