BTC: As of March 12, 2025, the current price of Bitcoin is $82,500, with yesterday's daily candlestick forming a 'medium bullish candle' accompanied by volume, indicating signs of a rebound in the market after filling the URPD gap at $76,600. However, there was a net outflow of 4,722 Bitcoins from the U.S. spot Bitcoin ETF yesterday, valued at approximately $371 million, reflecting that institutional funds remain cautious.

From a technical analysis perspective, after filling the URPD gap, historical data indicates that prices often enter a consolidation phase. The probability of a decline in the short term is relatively low, but a rebound above $83,700 may face selling pressure. On a macro level, the 30-day ceasefire in Ukraine (announced today) eases geopolitical tensions and may inject liquidity into the market; however, the volatility of Trump's tariff policies could exacerbate inflation expectations, limiting the upside potential.

In summary, I believe BTC is currently in a phase of oversold rebound rather than a trend reversal, and the bottom still needs further confirmation.