20250430 Bitcoin Diary #BTC

SEC slightly exceeded expectations and postponed the approval of Ethereum ETF staking; Trump's speech also did not provide much incremental future outlook. BTC remains within the fluctuation range of 93700-95500. Regarding the market direction, today we need to focus on the GDP data at 20:30 and the PCE data at 22:00. Additionally, due to enterprises' rush to import under tariff pressure, the US trade deficit in March expanded to a record $162 billion, which is expected to significantly drag down GDP. More attention needs to be paid to consumption and investment levels, including whether personal spending has significantly decreased.