Israel-Iran Negotiation News Emerges, BTC and Market Cap Stage a V-Shaped Rebound?
Recent rumors suggest that Israel and Iran have initiated peace talks, leading to a de-escalation of geopolitical tensions.
#Bitcoin recovers above $105K, rebounding nearly 4.5% within 24 hours.
My analysis:
1️⃣ Peace talks imply a reduction in risk, with short-term sentiment turning to 'risk appetite';
2️⃣ When market sentiment recovers, ETFs and retail investors will jump in immediately;
3️⃣ If the technical level holds above $105K, it may catalyze the next round of rebound; if it falls below, we still need to be cautious of the resistance levels at $103K–$102K.