Gate News reports that on March 9th, Helius CEO Mert stated on Twitter that he analyzed the potential impacts on the cryptocurrency market based on different possible outcomes of the US conflict: a US victory would strengthen the dollar, accelerate stablecoin adoption, and restore risk appetite; a prolonged stalemate similar to Vietnam or Iraq would cut off shadow banking channels, theoretically benefiting cryptocurrencies but also bringing long-term risk aversion; the most likely scenario is chaotic negotiations, with neither side admitting defeat, leading to a short-term rebound in risk appetite. Mert summarized: “In short, I believe the downside for cryptocurrencies is limited, but the upside is asymmetric. The timeframe is probably no more than six months.”