Wintermute: BTC returns to US$70,000 ETH sets a record for weekly fund inflows in ETF

If transportation in the Strait of Hormuz is normalized and diplomatic negotiations continue to advance, BTC is expected to challenge the resistance range of US$74,000 to US$76,000 and move towards US$80,000 in an extremely optimistic scenario; if negotiations fail and transportation restrictions continue, BTC may test back the mid-range support of US$60,000.