#BTCRebound

*Price Recovery**:

- BTC rebounded from lows below $75,000 to ~$85,000, fueled by improved macroeconomic conditions (e.g., U.S. tariff delays and cooler CPI data) .

- Some analysts attribute the rebound to oversold conditions (RSI at 23) and easing liquidity pressures .

2. **Macro Triggers**:

- **U.S. Policy Shifts**: Trump’s 90-day tariff pause and tech tariff exemptions reduced market panic, aiding risk assets like BTC .

- **Inflation Data**: March’s CPI cooling to 2.4% alleviated Fed tightening fears, supporting crypto sentiment .

3. **Technical Indicators**:

- **Resistance Levels**: BTC faces hurdles near $96K–$98K (1.48M addresses in unrealized losses) .

- **Support Zones**: Holding above $80,700 could target $84K–$87K; a drop below $78K risks retesting $74K .

- **Mixed Signals**: While the 200-day EMA suggests long-term bullishness, weak stablecoin buying power (SSR at 14.42) and stalling CMF hint at consolidation ($78K–$90K range) .

4. **Market Sentiment**:

- **Bull Trap Risks**: Low trading volumes and macro uncertainty (e.g., recession warnings) may limit upside .

- **Contrarian Opportunity**: Extreme fear and whale accumulation (e.g., 22K BTC inflows to Binance) suggest potential for a short squeeze .

5. **Future Scenarios**:

- **Upside**: Break above $96K could retest ATH (~$109K) if buying pressure returns .

- **Downside**: Failure to hold $83.3K may trigger a drop to $72K–$67K .