$BTC The market is constantly changing, trading is all about the present moment, sing whatever song fits the mountain you're on. The current Bitcoin price is around 82,600. There hasn't been much fluctuation in the last couple of days, as weekends usually don't see significant movements. However, over the past week, the global financial market has experienced a sharp decline, especially in the U.S. stock market, which has lost about 4 to 5 trillion RMB in the past period. This is equivalent to losing two cryptocurrency markets in just one week. The overall market capitalization of Bitcoin is over 30 trillion, indicating that it has entered a very volatile phase. Gold is no exception; in fact, gold prices have also seen a pullback recently. We previously mentioned selling off holdings once it exceeds 3,000. If gold continues to drop, Bitcoin will likely rise. While the global financial market is down, Bitcoin has performed relatively well over the past week, maintaining a position around 83,000. This condition still shows it as a safe-haven asset. The market value of stablecoins hasn't evaporated much in the past period, and the Bitcoin spot ETF outflows are quite noticeable, gradually showing an outflow state. The fear index remains in panic, with the biggest pain point still in the 83,000 to 85,000 range. So, looking at Monday, if there is a significant drop, the entire financial market could fall into a dire situation. Currently, there are protests in New York and various states against Trump's policies. We'll see if the cryptocurrency meeting on April 11 can pass some positive news to stimulate the entire market. If the Federal Reserve does not lower interest rates, the entire market will be in chaos. If it breaks through its current position, it could fall back to 78,000 or even 76,000. So now we are facing a turning point. Regardless, if 80,000 can stabilize, there is still a chance for recovery. If it remains unstable, prices will continue to drop. Ethereum is even worse; it currently lacks strong momentum, and the overall cryptocurrency market has seen a pullback. Those who endure will shine, while those who can't will exit. That's all for today. $BTC " data-hashtag="#$BTC " class="tag">#$BTC
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