Wintermute: BTC returns to $70,000, ETH sets a weekly inflow record for ETFs

If the transportation in the Strait of Hormuz normalizes and diplomatic negotiations continue to advance, BTC is expected to challenge the resistance range of $74,000 to $76,000, with an extremely optimistic scenario potentially reaching $80,000; if negotiations break down and transportation restrictions persist, BTC may retest the mid-support level of $60,000.