20250421$BTC

After the Easter holiday, the US dollar index opened at 6 a.m. with a sharp drop, hitting a 3-year low, possibly due to panic selling of the dollar by hedge funds triggered by Trump's plan to fire Powell, while excessive gold prices have led to capital flowing into BTC. BTC briefly retraced as it approached the previous high of 88500, with the 30-minute chart showing no divergence, making it difficult to fall back to the previous central upper limit of 85000. A pullback to the 86200-85300 range is an opportunity to build positions, waiting for the next positive breakthrough to challenge the previous high and impact the 92700 bull-bear dividing line.