BTC: As of April 28, 2025, the current price of BTC is $94,500; from a daily perspective, yesterday's closing pattern was a "small bearish candle," indicating that market activity was insufficient due to low liquidity over the weekend, making it of limited reference significance. The weekly chart, however, closed with a "large bullish candle," accompanied by a certain volume, suggesting that bullish forces still dominate.

On-chain data shows that Bitcoin's trading volume and turnover rate were sluggish over the weekend, with low participation, reflecting a cautious market sentiment.

On the macro level, multiple variables will influence BTC's trend this week. The earnings reports from the four major tech companies and MicroStrategy will trigger market volatility, especially since MicroStrategy is a firm holder of Bitcoin; its earnings performance significantly impacts market confidence. Additionally, the first quarter GDP and March PCE price index data from the United States will be released, which will cause fluctuations in the dollar, indirectly affecting BTC prices. If the Bitcoin Strategic Reserve Bill in Arizona is passed, it will bring long-term benefits to BTC, but in the short term, it may also exacerbate market volatility.

Overall, Bitcoin's upward momentum this week is limited; even if there is a brief spike, its sustainability may not be strong. This week's trend may present a "rise then fall" pattern. In the next three weeks, the market may experience a certain degree of correction, but the extent of the correction is expected to be limited. For trendline traders, the correction may be a once-in-a-lifetime excellent opportunity.

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