# Bitcoin Holds Steady Above 80k

The global markets are experiencing intense fluctuations amid the dividends of the free plan and the shelling of Fuchaira. $BTC Bitcoin has withstood macroeconomic pressures, struggling to hold steady above 80,000, while Brent crude oil remains watchful at the high of $114. The rescue plan launched by Trump was originally a quick-acting confidence booster for risk assets, driven by suppressing freight expectations during the May Day period. When rescue costs exceed oil price premiums, the suspension of the plan becomes inevitable. This suspension window won't last long because the U.S. cannot sustain the inflation backlash caused by triple-digit oil prices for too long. It is expected that before a preliminary signal is reached in the Oman negotiations, the market will be in an extremely tense vacuum period.

Iran’s tough stance on uranium enrichment is essentially about fighting for survival space in the post-war era. Faced with dual pressures of sanctions and military threats, Tehran finds it difficult to fully loosen its stance in the first round of negotiations, but under the tacit understanding of exchanging oil for survival, the likelihood of reaching a phased de-escalation agreement is increasing. This uncertain expectation is the main reason for the current tug-of-war in oil prices above 110.

After stabilizing above 80,000, Bitcoin no longer needs emotional outbursts but requires a true macro environment clear-out.