BTC: As of April 12, 2025, the current price of BTC is $84,500; from the daily level, yesterday closed with a 'small bearish candle', and the trading volume was average, indicating limited market participation; at the weekly level, it closed with a 'medium bullish candle', and the volume has increased, showing that the bullish forces hold a certain advantage.

On-chain data indicates that the low liquidity over the weekend has led to increased price volatility, but the short-term upward oscillation trend continues.

On the macro level, the recent decline of the US dollar index has provided some support for Bitcoin. However, the misalignment of policy signals from the Trump team (such as the repeated rumors of a 90-day suspension of reciprocal tariffs) has increased market uncertainty. If the US dollar index continues to weaken, combined with the potential impact of GDP data at the end of this month, it could bring more upward momentum for Bitcoin.

Overall, Bitcoin still has the potential for further short-term increases, but it is currently only viewed as a technical rebound after an oversold condition; a trend reversal requires more confirmation.

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