Evening market analysis on April 24, 2025:

Technical indicators suggest a potential rise, but a breakthrough of the current resistance level is needed.

Market sentiment is leaning towards greed, which may indicate a risk of short-term correction.

On-chain data has recently declined, such as hash rate and trading volume, attention is needed to see if this is a temporary phenomenon.

The macroeconomic environment is favorable, with decreasing inflation and lower interest rates supporting risk assets.

The regulatory environment is improving, and U.S. government support for Bitcoin may drive prices up.

Recent ETF inflows are strong, and institutional buying has increased, indicating market confidence.