#Gate广场四月发帖挑战 Negotiations "did not reach an agreement," but the market didn't crash? Don't panic, it's still a consolidation phase.

The first round of US-Iran negotiations, as expected, failed to produce an agreement.
Last night's early morning news came out, both sides sticking to their own positions, with no consensus in sight.
Actually, this was anticipated—such high-level negotiations are only newsworthy if a handshake is achieved in one go.
Most likely, there will be several rounds of tug-of-war afterward.
As a result, early this morning, BTC sharply dropped, hitting around 71,300, while ETH also fell back to about 2,200.
But if you look calmly at the candlestick chart—current prices are just the rebound on Saturday that fell back, and ETH hasn't dropped much below Friday's level.
In plain terms, this dip is just an emotional reaction, not a trend-breaking move.
Key support levels are still intact: BTC hasn't effectively broken below 70,500, and ETH remains above 2,150.
As long as these two levels are maintained, the bullish structure remains unbroken.
Currently, we are still in a high-level consolidation phase, with neither bulls nor bears fully taking control.
📌 A few operational reminders: don't chase short positions just because of a single needle; in a consolidation market, avoid chasing highs or panic selling.
Also, don't rush to "full position" on dips—negotiations are ongoing, and there are still unknowns in the news.
Keep leverage at low levels or simply observe with spot holdings.
Negotiations will continue, and the market will remain volatile.
The overall trend may only become clear after the second or third round of talks.
Those who can stay in the game now have already won most of the battle.
Be patient, don’t fall before dawn.