Written by: Bitget Wallet War reveals ruins to the world, but capital only cares about prices. As the fire rekindles in the Middle East, colleagues in Dubai report bombings and air raid sirens. Missiles tearing through the sky symbolize humanity waiting for an unknown fate. Meanwhile, on an invisible timeline, global financial markets have already begun recalculating: where should oil prices go? Will gold continue to surge? When will the stock market bottom out and rebound? Capital shows no sympathy, nor does it anger. It simply does one thing—pricing uncertainty. For most people, it’s invisible, inscrutable, coldly logical, and ruthlessly paced. But in turbulent times, understanding the logic of capital operations and risk pricing might be the last line of defense between ordinary people and the tide of history. Looking back at human geopolitical conflicts and financial history, you’ll find an almost unchanging pattern: in the face of war, capital markets always repeat the same script.