U.S.-Iran Talks Lock in a 60-Day Roadmap: Morning Surge—Rebound or Reversal?

This morning, Bitcoin staged a “V-shaped reversal.” Triggered by news about the U.S.-Iran negotiations, it first plunged to 63.3k, then the storyline flipped—rising straight up to around 64.6k, with a rebound of more than 1,000.

On the news front, Qatar and Pakistan’s joint statement confirmed that the first round of high-level talks between the U.S. and Iran concluded in Switzerland. All parties agreed to set up a high-level committee and finalized a 60-day roadmap to reach a final agreement, while also establishing a communication mechanism for shipping safety in the Strait of Hormuz. Iran said it obtained oil export exemptions and the partial release of some assets.

This directly lifted risk sentiment, leading to a rebound. But don’t let this sharp rally throw you off—this is a news-driven impulse move, not a trend reversal.

First, the negotiation process has been full of twists and turns, and new variables could emerge at any time. Second, the 67k-67.3k area overhead is a strong pressure zone: ETFs continue to see net outflows, and institutions are not showing enough willingness to “buy in fear of missing out.” Technically, it’s also a weak structure—rebound on declining volume, and selloffs on expanding volume.

In one sentence: the rebound is an opportunity—don’t chase the FOMO; look for high points and keep trading sideways.
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