[Bitunix Analyst: Escalation of Russia-Ukraine Situation May Intensify Short-Term Volatility in the Crypto Market] On November 25, the United States and Ukraine reached a preliminary consensus on the '19-Point Peace Plan.' However, before the Kremlin received any official documents, Russian missiles had already reached the skies over Kyiv, targeting the capital's energy and civilian infrastructure. The Kyiv city government initiated restrictions on water and electricity supply, while Russia used battlefield actions to compress the negotiation space. Bitunix analysts pointed out that the escalation of the Russia-Ukraine situation will strengthen global risk-averse sentiment in the short term, impacting the crypto market: demand for safe-haven assets may boost BTC dominance, but liquidity contraction and leverage liquidation risks will put pressure on small and mid-cap tokens. The market may enter a phase of high volatility and low-risk appetite.