The current prediction market pricing for the likelihood of a deal is too high (52.5%), which represents a significant divergence from mainstream geopolitical analysis and media reports. Mainstream experts and think tanks generally believe that, given the current political climate, the pressure of the 2026 midterm elections, and the extreme distrust between the US and Iran, it is almost impossible to reach and publicly announce a binding, formal nuclear deal before the end of 2026. At best, the two sides can only reach informal 'understandings' to prevent the situation from spiraling out of control. This divergence indicates the presence of irrational speculative capital in the prediction market, likely influenced by unverified rumors or over-interpretation of short-term diplomatic contacts.