Afternoon news reports that the US and Iran will hold preparatory talks in Doha, paving the way for a possible Middle East conflict resolution agreement on Friday. Market risk aversion sentiment has temporarily eased, providing short-term emotional support for Bitcoin.

From the market perspective, Bitcoin rebounded from around 63,650 today, reaching a high of 65,996, and is currently oscillating around 65,500 at a high level, in a technical correction stage. The support near the middle of the Bollinger Bands has been strengthened by the news, allowing the high-level consolidation pattern to continue.

It should be noted that this meeting is still in the preparatory stage, and there is uncertainty about its subsequent implementation. The current support is more of an emotional catalyst and has not changed the technical structure of a high-level correction. The key factors moving forward still depend on the effectiveness of the Bollinger middle band support and whether $BTC there will be new developments in the news.