In the crypto world, every breakthrough is like igniting a fuse.
On April 25, the price of Bitcoin soared for seven consecutive days, reaching a high of $95,976, the highest since early March. Market sentiment was completely ignited, and people began to wildly discuss a question:
Can Bitcoin break through $108,000 in one go?
The answer is becoming clearer: from a fundamental perspective, opportunities are accumulating!
Capital is flowing in, the fundamentals of Bitcoin are turning bullish across the board
The capital flowing into the Bitcoin network continues to grow;
Total capital flow and speculative capital flow have both bottomed out and are starting to rebound;
Risk model indicators are declining, market liquidity is returning, and the magnitude of the correction is also narrowing accordingly.
Woo emphasizes that this simultaneous improvement in capital flow and on-chain indicators is a typical sign before a major uptrend in history..
In other words — this time, Bitcoin is not just a baseless water, but truly has capital behind it pushing it forward!
Clear target, short-term volatility, mid-term pointing to $103,000 - $108,000
Although market enthusiasm is high
The previously set mid-term targets of $90,000 and $93,000 have been completed and will no longer be used as resistance references;
The new mid-term target is $103,000, still retaining the long-term expectation of a final sprint to $108,000;
However, short-term does not rule out the possibility of sideways consolidation or a slow rise.
Why might it consolidate in the short term?
It is pointed out that the current short-term VWAP (Volume Weighted Average Price) has been pulled to **+3 standard deviations**, indicating an over-expansion state,
which means that short-term momentum has been partially exhausted, and the market needs to 'take a break' to accumulate new momentum before breaking through.
Current situation summary: The bull market flame has been ignited, but the rhythm must not be disrupted
Bitcoin is reported at $94,191, with a 24-hour decline of about 0.48%, showing slight profit-taking.
Overall:
the fundamentals continue to improve, and capital inflow is ongoing;
On-chain data supports a mid-term rise, with $103,000—$108,000 becoming potential target areas;
There is a demand for high-level volatility in the short term; don't blindly chase highs, wait for confirmation signals.
Although the general direction is upward, short-term price fluctuations are still fierce; patience is the most important weapon at this stage.
