Latest news indicates that the United States and Iran will hold preparatory talks in Doha, Qatar, to finalize the technical framework of the agreement, paving the way for the signing of the agreement on Friday. Subsequently, a signing ceremony will be held in Switzerland, initiating a 60-day negotiation process on Iran's nuclear issue. This easing of Middle East tensions will influence Bitcoin's future trajectory from multiple angles: on one hand, de-escalation of regional conflicts will lower international oil prices, ease global inflation pressures, and restore market expectations for Federal Reserve rate cuts. The strengthening of the dollar will slow down, benefiting risk assets like Bitcoin by attracting capital back in. At the same time, the removal of Middle East black swan risks will eliminate a significant medium- to long-term downward hidden danger for the market; on the other hand, as geopolitical risk aversion wanes, the safe-haven narrative of Bitcoin as "digital gold" will temporarily weaken. Coupled with market pre-emptive optimism, short-term volatility and sideways trading are highly likely. Moving forward, attention should be paid to the progress of the agreement signing and developments in nuclear negotiations. $BTC $ETH $SOL