Ukraine has announced a 30-day ceasefire, and the impact on the crypto world can be analyzed from multiple perspectives:

1. Market Sentiment: Ceasefires usually ease geopolitical tensions, boost market confidence, and may drive up prices of risk assets (such as cryptocurrencies).
2. Risk hedging demand: During wartime, cryptocurrencies are often seen as safe-haven assets. After the ceasefire, the demand for hedging may decrease, leading to some funds flowing out of the crypto world and into traditional assets.
3. Energy prices: War affects energy supply, especially natural gas exports from Russia and Ukraine. A ceasefire may stabilize energy prices, reduce cryptocurrency mining costs, and benefit miners.
4. Regulatory Environment: After the ceasefire, the international community may refocus on the regulation of cryptocurrencies, especially concerning sanctions against Russia and financial flows, which may affect the market direction.
5. Macroeconomics: Wars have a wide-ranging impact on the global economy, and a ceasefire may alleviate supply chain tensions and inflationary pressures, indirectly affecting the crypto world.