$BTC

《2025.4.24:BTC》

Bitcoin attempted to continue rising yesterday but fell back, and the market's optimistic sentiment is gradually returning to calm.

The rapid increase in recent days is likely not a sudden turnaround in traditional investors' perception of Bitcoin's value, but rather a purely optimistic rise.

However, we see Bitcoin facing significant resistance in the range of 94000~98000. Since Trump's election victory until the tariff-induced crash, the price has mostly hovered in this range.

Only with extreme optimistic expectations (immediate storage + interest rate cuts) does BTC have a chance to briefly break through one hundred thousand.

The market is now blindly optimistic, while the macro environment is difficult to support the current price. If the price continues to rise, it may face a large amount of selling pressure.

From a weekly perspective, the market's consolidation time is insufficient, and blind rises without substantial good news may ultimately overdraw Bitcoin's future trend, increasing the probability of a significant bearish outcome.

The current macro expectations are highly uncertain, and Bitcoin is expected to show a wide range of fluctuations, with a short-term possibility of retracing to the range of 86000~87500.