【$btc】2025.4.25

① This week, Trump has paused his criticism of Federal Reserve Chairman Powell and promised to significantly reduce the high tariffs of 145% on Chinese goods. Institutions continue to increase their positions, further solidifying $btc's market value. Active trading in $95,000 call options indicates that the market is betting on further upward movement. Current market sentiment is overheated, and in the short term, we may see fluctuations in the $90,000 to $94,500 range while waiting for a catalyst to break through the $100,000 mark. Therefore, in the larger direction, pressure in the $93,000-$95,000 range persists, and it is normal for prices to encounter resistance at this level. A large-scale structure has already emerged, and $btc has returned to the high volatility zone, where the time to test buying pressure has arrived. Regarding the cycle's judgment, I still believe we are in the late stage of a bull market, and the upward space is relatively limited. In other words, whenever there is another interest rate cut, or any indication of a rate cut, that will ignite another explosive mini-bull market. As for a major bull market, don’t expect too much.

② In the short term, if the price can effectively break through $93,500 today and maintain a position above it for a while, the next target will be around 【$95,100-$96,200】. If it effectively breaks through $96,200, the upward space will open again, aiming for the critical $100,000 level. Conversely, if it cannot hold $93,500 and effectively falls below $92,800, then this rebound is basically a trap for the bulls, and we will need to test the support at 【$91,000-$91,500】. In summary, even if there is a downward movement, it truly presents you with an opportunity. The trend is very healthy. #以太坊的未来 #币安上线INIT #比特币市值排名