Trump postpones action against Iran, Bitcoin hits critical resistance zone

The Bitfinex analysis report pointed out that Trump announced a five-day delay in the strike plan on Iran's power facilities, and called the US Iran negotiations "extremely smooth and constructive", with market risk sentiment quickly recovering. This week, Bitcoin held steady at the opening level of $67035 at the beginning of the month, but encountered resistance again at the bottom of the "vacuum zone" between $72000 and $82000. On March 23, the day when the United States suspended military operations, the net inflow of Bitcoin ETFs reached $167.2 million, of which $160.8 million was absorbed by IBIT, setting a record for the largest inflow in a single day since March 17. The report suggests that the flow of funds in the next two to three days will determine the nature of the rebound.