Affected by expectations of a US-Iran ceasefire, Bitcoin experienced a brief decline followed by a quick rebound, currently oscillating around $71,000.

Panic sentiment in the options market has cooled, with implied volatility declining and a large number of put options being closed out. With Friday's quarterly options expiration approaching this week, $75,000 and the analyst consensus range of $72,000-74,000 constitute strong resistance levels.

From a capital flow perspective, stablecoin transfer volumes have hit all-time highs, with investors inclined to hold cash buffers, while spot trading volumes on exchanges have dropped to yearly lows.

Strategically, if Bitcoin fails to break through the $72,000-74,000 resistance zone, it will likely pull back 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