The fundamentals of Bitcoin have turned bullish, and the market may consolidate or rise slowly.
The fundamentals of Bitcoin have turned bullish, with capital inflows into the network increasing, creating good conditions for breaking through historical highs.
The overall market and speculative capital flows have bottomed out, and when these two factors combine, a favorable market environment is formed. Currently, market liquidity is recovering, and the downside risk is relatively low.
The mid-term target prices of $90,000 and $93,000 for Bitcoin have been reached, with a new mid-term target of $103,000. Due to on-chain indicators showing that prices are high, it may be difficult to rise quickly in the short term; the market may consolidate or rise slowly. Additionally, new channels for capital inflow provide convenience for traditional investors, which are recognized as collateral by banks and brokerage firms, circumventing the regulatory issues faced by Bitcoin.
This week, the cryptocurrency market has experienced a significant upward trend, with market sentiment shifting from a pessimistic state to a positive one. This change is primarily influenced by the easing of U.S. policies and the new SEC chairman's friendly attitude towards the crypto industry. With the changing policy environment, investor confidence in the market is gradually restoring, leading to capital inflows into the cryptocurrency market and driving prices up.
However, the market still needs to be cautious of the uncertainties surrounding economic recession and tariff policies, as these factors may continue to impact market trends. While investors enjoy market growth, they also need to remain prudent to cope with potential volatility.
SOL shows signs of recovery potential, especially with positive advancements in technology upgrades and community support. These projects are expected to continue expanding their market influence in 2025.
On the other hand, projects like Omni face selling pressure due to token unlocks, which may negatively affect their prices. Investors should make reasonable allocations based on the specific circumstances of the projects and the market environment to avoid potential risks.
Although the overall industry trend is positive now, the market still faces uncertainties from the impending economic recession and tariffs in the U.S., so this week’s rise can only be viewed as a rebound from previous excessive declines, and not as a reversal of market conditions. It is recommended that investors maintain moderate positions and manage risks well, waiting for clearer policies, which will be the best strategy to cope with the current market.
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A wave of token unlocks is coming this week! The following tokens will see significant unlocks! Among them, SUI will unlock tokens worth $267 million
ZETA will unlock 5.8% of its circulating supply this week, Unlock amount: 45.29 million tokens Unlock value: approximately $11.73 million
SUI Unlock amount: 77.34 million tokens Unlock value: approximately $267 million
"Sui is the earliest project in the Meta ecosystem public chain, developed by the Mysten Labs team. Sui aims to create an eco-friendly, low-cost, high-throughput, low-latency permissionless blockchain. Compared to traditional blockchains, the most critical innovation of Sui lies in its data model and transaction processing channel.
SUI's high-speed unlocking process is over halfway, with the current circulation at 33%, Unlocks include community reserves of 42.63 million tokens ($14.8 million), Series B financing of 19.32 million tokens ($6.704 million) Early contributors of 9.98 million tokens ($3.462 million) Mysten Labs treasury of 2.07 million tokens ($718 thousand)
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The market for #特朗普暂停新关税 is gradually improving, and Bitcoin is slowly stabilizing, so the main task now is to earn coins, and then wait for the right position to gradually take profits. So, does everyone think $BTC has stabilized? Simey闪电币安王牌KOL聊天室
According to observations by the Twitter user known as cpt n3mo, since the beginning of 2024, in 6 out of 7 cases when the daily influx of funds into the BTC ETF was around $1 billion, the price of BTC decreased over the next 3-5 days.
Will this happen again? On April 22 and 23, 2025, the investment in the BTC ETF again exceeded $900 million on each of those days.
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