#BTCRebound

🔥 1. Market Situation & Reasons for BTC Recovery in April 2025

✅ A. Key Factors Driving the Recovery

📌 1. Market Sentiment Reversal

Bitcoin dropped below $75,000 at the beginning of April, prompting many investors to start buying in to 'catch the bottom'.

Positive sentiment gradually returned, especially after U.S. CPI data indicated that inflation was under control, raising expectations for interest rate cuts.

📌 2. Impact from U.S. Politics – Trump Reelection

President Trump's reelection heightened expectations for tax cuts and boosted the financial market, although it also raised concerns about trade instability.

However, many investors view BTC as a 'safe haven' asset against political risk, increasing demand.

📌 3. Weak Stock Market → Capital Flow to Crypto

U.S. stocks and some tech stocks corrected in April → investors shifted capital into Bitcoin and digital gold as an alternative.

📌 4. Anticipation for Ethereum ETF and Layer 2 Upgrade

After the approval of the spot Bitcoin ETF in early 2024, expectations for the Ethereum ETF and the expansion of the Layer 2 network also revived the crypto market.

✅ A. Market Data

Current Price: $87,500

24h Trading Volume: ~11 billion USD

Market Capitalization: ~1.68 trillion USD

✅ B. Technical Chart

Strong Resistance: $89,000 – $90,000 (price range that needs to be surpassed to continue the uptrend).

Nearest Support: $82,000 (if broken, there will be a risk of correction to $75K).