BTC: As of April 10, 2025, the current price of BTC is $81,500; a "big bullish candle" was formed at the daily level, with significantly increased trading volume, indicating a clear strengthening of bullish forces.

On-chain data shows that the U.S. spot Bitcoin ETF experienced a net outflow of 1,667 BTC (worth $127 million) yesterday, reflecting cautious institutional sentiment and ongoing selling pressure. However, chips below $82,000 are accelerating concentration, initially forming a phase of bottom support, and some players are shifting towards long-term holdings, indicating a recovery in market confidence.

At the macro level, adjustments to Trump's tariff policy have brought a 90-day buffer period to the market, warming risk appetite, but the Federal Reserve's meeting minutes indicate low expectations for interest rate cuts, with economic data in May and June becoming key.

Overall, for Bitcoin, there is still room for upward movement in the short term, but it is currently more of a rebound nature. At this stage, it is wise to take profits on rebounds! The reversal conditions have not yet matured. While player sentiment has somewhat recovered, early holders remain mostly on the sidelines, and the market still needs more catalysts to break the deadlock. The April market is destined not to be one-sided, with event-driven developments becoming the main theme.

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