Iran sends written messages to US via Pakistan, signaling low-level diplomacy

What To Watch

• 1.BTC $67,500 — a sustained break below this level, especially on high volume, would confirm a loss of short-term support and likely target $64,000 as the next major demand zone.
• 2.Exchange Netflow (All Exchanges) — a sustained positive netflow (more BTC entering exchanges than leaving) over 24-48 hours signals increased selling pressure from holders looking to offload assets, potentially leading to price depreciation.
• 3.Escalation of Middle East Tensions — if the diplomatic overtures fail and Iran-US tensions escalate (e.g., through direct military confrontation or cyberattacks), it could trigger a broad risk-off event across global markets, including crypto, leading to significant capital flight and price drops.