$BTC Overall Market Sentiment:
* Most major cryptocurrencies are trading marginally higher.
* The overall cryptocurrency market capitalization has increased.
* Investor attention seems to be focused on upcoming US trade policies.
Key Movers:
* Bitcoin (BTC): Holding above $87,000, showing slight gains. Analysts note it's moving within a narrow range and needs to break the $90,000 resistance to potentially reach $100,000. On-chain data suggests accumulation by long-term investors.
* Ethereum (ETH): Also showing gains and attempting to reclaim the $2,100 level.
* Solana (SOL): Has seen significant gains over the past 24 hours in some reports.
* XRP: Demonstrating resilience with some appreciation.
* BNB: Some reports indicate slight corrections for BNB.
* Dogecoin (DOGE) and Shiba Inu (SHIB): Showing notable gains in some reports.
* TRON (TRX): Was a notable loser in some earlier reports but seems to have recovered somewhat.
* Avalanche (AVAX) and Chainlink (LINK): Showing strong percentage gains in some lists.
Factors Influencing the Market:
* US Trade Policy: Investors are awaiting clarity on President Trump's trade policies, particularly regarding tariffs. Uncertainty surrounding new tariffs on oil and gas purchases from Venezuela is also playing a role.
* Institutional Adoption: Continued institutional interest in Bitcoin is seen as a positive factor.
* On-chain Data: Data suggesting Bitcoin outflows from exchanges indicates potential accumulation by long-term holders.
* Historical Trends: April has historically been a strong month for Bitcoin.
Key Levels to Watch:
* Bitcoin: Resistance at $90,000, support at $85,400.
* Ethereum: Attempting to reclaim $2,100.
In Conclusion:
The crypto market today is showing signs of positive momentum for many major assets, although some altcoins are experiencing minor corrections. The market is closely watching developments in US trade policy for further direction. Bitcoin and Ethereum are key indicators, with Bitcoin needing to overcome the $90,000 resistance level for a more significant upward move.