Influenced by US-Iran ceasefire expectations, Bitcoin briefly declined before quickly rebounding, currently oscillating around $71,000.

Options market panic sentiment has cooled, with implied volatility declining and a large number of put options being closed; with quarterly options expiration approaching this Friday, $75,000 and the analyst consensus range of $72,000-74,000 constitute strong resistance levels.

On the funding side, stablecoin transfer volumes have reached historic highs, with investors tending to hold cash buffers, while spot trading volumes on exchanges have fallen to the lowest level of the year.

Strategically, if Bitcoin fails to break through the $72,000-74,000 resistance range, it will likely pullback below $68,000, and may even test the $42,000 support level.#美国提出15项条件和谈方案 $BTC