财经少华
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The price of Bitcoin is currently facing a resistance range of $90,000 to $92,000. As long as the price fails to break through this key area, the overall market may continue to be in a consolidation phase.
This view is based on the Federal Reserve's latest adjustments to economic expectations and monetary policy trends, as well as observations of market structure and investor behavior.
In its latest meeting, the Federal Reserve lowered its economic growth expectations and slowed the pace of reducing its balance sheet (QT). Although this move did not reach the dovish extent anticipated by the market, it still leans towards easing. Powell downplayed the impact of recent inflation rises at the press conference and emphasized the stability of long-term inflation expectations, laying the groundwork for potential interest rate cuts in the future.
Additionally, analysts mentioned that some upcoming events could affect market sentiment, including the tariff policy expected to be announced by Trump on April 2, and the earnings season for U.S. companies starting on April 11. Before these events clarify, large investors may choose to wait and see. At the same time, retail traders' participation is low, and market structure indicators do not show strong rebound momentum. Therefore, if Bitcoin cannot break through the resistance zone, it may struggle to reproduce a broader bullish trend.
This view is based on the Federal Reserve's latest adjustments to economic expectations and monetary policy trends, as well as observations of market structure and investor behavior.
In its latest meeting, the Federal Reserve lowered its economic growth expectations and slowed the pace of reducing its balance sheet (QT). Although this move did not reach the dovish extent anticipated by the market, it still leans towards easing. Powell downplayed the impact of recent inflation rises at the press conference and emphasized the stability of long-term inflation expectations, laying the groundwork for potential interest rate cuts in the future.
Additionally, analysts mentioned that some upcoming events could affect market sentiment, including the tariff policy expected to be announced by Trump on April 2, and the earnings season for U.S. companies starting on April 11. Before these events clarify, large investors may choose to wait and see. At the same time, retail traders' participation is low, and market structure indicators do not show strong rebound momentum. Therefore, if Bitcoin cannot break through the resistance zone, it may struggle to reproduce a broader bullish trend.
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