Or Prompted by "Prospects of US-Iran Reconciliation," Oil Price Quickly Falls

BlockBeats News, April 6th, According to sources, the "US-Iran Expected to Reconcile on the 6th" effect, the oil price quickly fell.

According to Bitget market information, Brent crude oil is now reported at $107.54, WTI crude oil at $108.8, with an intraday decline of 3.51%.

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Currently, while the market has experienced a temporary surge driven by positive news, traders generally believe that BTC has reached a resistance level. There is still a significant need for a pullback in the market, leading to a cautious outlook on future trends.

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