Trump Delays Action Against Iran, Bitcoin Faces Key Resistance Zone

An analysis report from an exchange indicated that Trump announced a five-day postponement of the strike plan against Iran's power facilities, and stated that negotiations between the United States and Iran were "extremely smooth and constructive," leading to a rapid recovery in market risk sentiment. This week, Bitcoin held steady at its early-month opening price of $67,035, encountering resistance again at the lower end of the $72,000 to $82,000 "vacuum zone." On March 23, the day the U.S. suspended military action, Bitcoin ETF net inflows reached $167.2 million, with IBIT absorbing $160.8 million, marking the largest single-day inflow since March 17. The report suggests that capital flows in the next two to three days will determine the nature of the rebound.