$BTC

BTC Analysis on April 28, 2025 – Recovery Trend Remains Stable

Today's BTC price is fluctuating around 94,000 USD, with a narrow range of volatility following a strong increase from the beginning of the week. The main driving force comes from the optimistic sentiment regarding the prospect of interest rate cuts in the U.S. and positive signals from the Crypto ETF market.

Trading volume remains stable, indicating that buying pressure is effectively absorbing the adjustment phases. Technical indicators such as RSI and MACD both signal support for the medium-term upward trend. At the same time, on-chain data shows that the amount of BTC withdrawn from exchanges continues to rise, reflecting investors' holding sentiment.

In the short term, BTC needs to maintain support at 93,500 USD to sustain the upward momentum. If it surpasses the resistance at 95,500 USD, the price could aim for the target range of 97,000 – 98,000 USD.

However, investors should also be aware of risks from unexpected economic news or short-term profit-taking pressure after a strong recovery.

The current appropriate strategy is to continue holding or consider buying more when the price adjusts to the support area.