#BTC At the beginning of the week, geopolitical tensions intensified and sparked risk-averse buying, pushing oil prices up to near multi-year highs; on Friday, as news from Iran’s nuclear negotiations came in positive, market supply concerns cooled off significantly, and oil prices tumbled sharply in response.

From a technical perspective, the U.S. crude oil daily chart printed a long upper shadow and a large bearish candle, highlighting a short-term top formation signal; the MACD indicator turns downward after moving below the zero axis, and upside momentum for bulls keeps weakening. In the 4-hour timeframe, oil prices repeatedly fluctuate across moving averages, with the near-term market still in a sideways consolidation pattern. The RSI indicator is in the mid-to-high range, and the ongoing tug-of-war between bulls and bears continues.

Moreover, driven by market conditions, the likelihood of a further, larger decline in crude oil prices ahead is growing. In the short term, it may return to 84。#美国寻求战略比特币储备