[QCP: Crypto Market Downplays Iran Escalation Risks, but Sustainability of Latest Rebound Remains to Be Verified] Deep Tide TechFlow reports that on April 5, QCP Capital's latest analysis pointed out that U.S. President Trump has once again postponed action against Iran to Tuesday, marking the fourth delay. The market is gradually becoming immune to the repeated pattern of 'tough statements + negotiation signals,' leading to a cooling of escalation risk expectations. Oil prices have weakened, and stock index futures remain stable. Overall, despite ongoing geopolitical disturbances, the performance of crypto market prices leans more toward stabilization rather than pressure. On the capital front, institutional funds continue to provide support, with Bitcoin ETFs recording approximately $1.32 billion in net inflows in March. The current market sentiment is generally 'risk-on,' and investors have not fully prepared for a short-term escalation of conflict. However, as U.S. stock markets reopen, the sustainability of this rebound remains to be verified.