U.S.-Iran negotiations break down, contradictions escalate further—can Bitcoin’s rebound not recover and drop again?

After the 21-hour deadlock in U.S.-Iran negotiations ended without result yesterday, today Trump posted: the Strait of Hormuz channel will be blocked on April 13 at 10, a move that has triggered market fears of rising energy prices and higher inflation. Expectations for rate cuts have been pushed back; the bond market and safe-haven assets face pressure. As for Bitcoin itself at this stage, its liquidity is also not high—it’s just following current events and fluctuating!

BTC
Today, on Monday, the weekly top closes with a long upper shadow line, indicating heavy selling pressure above. The current price action is in a high-level consolidation phase. On smaller timeframes, the K-line shows a shooting star pattern, confirming a bearish signal. During the day, watch for a pullback to support at 7040. If this level is completely broken, the market will likely probe down toward weekly support around 6800. Be cautious and stay attentive around this level; overall, focus mainly on the high zone.

Around the 7140-7180 range, hold defense at 7260. Target a breakdown below 7040 to look down at 6920-6780.

ETH
Around the 2216-2238 range, hold defense at 2275. Target a breakdown below 2172 to look down at 2110-2060$BTC #加密市场小幅下跌