As of April 1, 2025, the price of Bitcoin (BTC) is fluctuating around $83,000, showing a short-term tug-of-war between bulls and bears. The technical analysis indicates that it is currently in an upward trend but there is a risk of being overbought (RSI 76). If the key support level of $80,083 is broken, it may trigger a larger pullback, while a breakthrough of $84,000 could lead to higher resistance. In the monthly timeframe, the medium-term bearish signal remains unchanged, the weekly chart maintains a bearish pattern, but the daily chart shows signs of stopping the decline, and the 4-hour level presents a trend of higher lows, favoring the bulls in the short term. Market sentiment is cautious (Fear and Greed Index 34), whale addresses continue to accumulate, and Bitcoin ETF inflows provide support, but whales in the options market are betting on a short-term pullback, releasing bearish signals. On a macro level, the weakening of the dollar and the uncertainty of Trump's policies create disturbances, while the Federal Reserve's interest rate cut pace and tariff policies may become key variables.