The rapid increase that occurred in Bitcoin was indeed influenced by the increasing purchasing power when the price of Bitcoin was below $100K. And this has at least removed the panic conditions in some investors so that those who had panicked due to the decline in the price of Bitcoin have calmed down and can buy Bitcoin again as an investment asset. Now the conflict between the two countries has begun to subside and Bitcoin is still holding in the range of $106K to $107K which will make market conditions better.
What is feared is perhaps the impact of a long war that could affect the previous market decline situation. Should be if in a normal decline condition, the $90k price level would not be enough to cause panic for holders. The momentum coincides with the war that occurred, and of course, there are concerns that the decline that occurred will be deeper.
The current situation is better, but there may not be any significant movement shortly, at least not at the end of this month.