Bitcoin Eagle 🦅 4.20 Accurate Market Analysis @everyone

Brothers, good morning on the weekend.

Recently, some altcoins have rebounded to some extent, and BTC seems to have stabilized at $85,000.

Is a major rebound coming?

First, let's look at a few trends.

(1) Yesterday, Bitcoin mining difficulty was adjusted up by 1.42% to 123.23 T, setting a new historical high.

During this round of decline, it once fell below the BTC shutdown price,

but we did not see miners liquidating; they are still rushing to earn money and continue mining.

The total network hashrate is continuously increasing, and the average mining cost of BTC today is $90,000.

This means that the BTC we buy on exchanges is cheaper than what the average miner spends to mine it.

Given this situation, do you think it will rise or fall later?

(2) In the past week, there was a net outflow of over 15,000 Bitcoins from exchanges.

Large holders are still accumulating coins; according to on-chain data,

whales holding over 10,000 BTC are still buying in large amounts,

and small holders are starting to reduce their selling.

(3) Surveys show Trump's approval rating has fallen to the lowest point of his presidency.

His tariff policies are not winning public support; people in the U.S. can't even afford eggs.

So Trump must be under pressure; this week he stated that the U.S.-Japan negotiations reportedly achieved 'significant progress.'

He is 'very confident' about reaching an agreement with the EU,

and also mentioned he is preparing to reach an agreement with China.

Once these agreements are made, breaking $90,000 for BTC will be easy.

So let's patiently hold our spot positions and wait for a breakthrough,

don't cut losses at the bottom, and don't lose hope!

Recommended BTC position over 50%, altcoins no more than 30% position.