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Damn, I just saw the news about the 15-point peace plan from the US for Iran, and you can immediately see the impact in the crypto market. Brent oil dropped below $100 per barrel for the first time in several weeks, which means inflationary pressure is starting to ease. Bitcoin is now stable around $73K, a decent increase from yesterday, while altcoins are also beginning to move positively.
What’s interesting is how this news could become a constructive conflict between risk-off and risk-on in the market. Over the past month, we've seen a crazy roller coaster—from peaks to sharp drops, massive liquidations, and now starting to recover. Ether has risen to $2.28K today, Solana up to $84.81, XRP at $1.35, all indicating renewed buying pressure. BNB is at $606, DOGE remains stable at $0.09.
In my opinion, the key now is whether this peace plan will truly lead to a ceasefire or just become another headline that will be denied within hours. If it’s real, it could be a catalyst for a more serious rally. If not, we might be stuck in this range again. The constructive conflict between hope and doubt still dominates market sentiment this week. Bitcoin has held above $75K for three consecutive days, showing confidence from the bullish side. But just look at how altcoins are still declining on a weekly basis despite daily gains. This indicates high volatility and no clear direction yet.