$USDC

BTC/USDC: New Market Insights (As of May 4, 2025, data from TradingView)

Bitcoin rose by 14.08% in April, primarily due to a surge in institutional interest and significant inflows into cryptocurrency funds—just in the last week of April, inflows into Bitcoin-related products reached $3.18 billion. As of May 4, 2025, the price of BTC/USDC stabilized around $95,490.92, still below the January peak of $109,114.88, but higher than the year's low of $49,121.24.

From a technical perspective, the market has broken through a long-term consolidation range and is testing the resistance zone of $95,062–$101,297, with significant liquidity at $96,472. If Bitcoin can maintain its current level, the price is expected to test the range of $101,297–$106,254; if it breaks below the current support, it may pull back to the range of $88,500–$84,500.

Fundamentally, the market is supported by record inflows into ETFs, new institutional product launches, and positive news from the issuers of USDC and Tether stablecoins. Current volatility is low, and the market is preparing for significant movements following the Federal Reserve meeting on May 7, which could trigger a new trend.

BTC/USDC—Moment of Decision: The market is on the brink of intense volatility. Focus on key price levels and prepare for fluctuations!