$BTC Bitcoin (BTC/USDT) Market Update – 28 April 2025
Today, Bitcoin is showing signs of range-bound consolidation after last week’s sharp movements. Currently trading around $62,800, BTC is hovering between key support at $61,500 and resistance at $64,000.
Technical Outlook:
Support Zone: $61,500 – $61,000
Resistance Zone: $64,000 – $64,500
Trend: Short-term sideways; medium-term bullish bias still intact as long as price stays above $60,000.
Indicators:
RSI hovering around 48-52 (neutral zone) — no strong momentum yet.
4H Moving Averages (50 MA) acting as near-term support.
Important Notes:
A break above $64,000 could open the door for a retest of $66,500 levels.
Failure to hold $61,500 may trigger a deeper pullback towards $59,200.
Sentiment: Market is in wait-and-watch mode — traders should be cautious, avoid over-leveraging, and watch for clear breakout confirmations before entering new positions.
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ETH/USDT is showing strong bullish momentum, currently trading near $1,799, marking a powerful 15% surge from its April low of $1,400.
Key Updates:
ETF Inflows: Spot ETH ETFs saw net inflows of $38.8M, the highest since Feb. 4.
Fidelity's FETH: $32.7M
Bitwise's ETHW: $6.1M
Technical Breakout: ETH has finally broken above both its 200 MA & EMA on the 4H chart — first time since January.
Whale Activity: A crypto whale borrowed $34.75M USDT on Aave and bought 19,973 ETH at $1,740, indicating strong market confidence.
Market Outlook: If momentum continues, ETH may soon test the $2,000 resistance level. Institutional support and bullish technicals make ETH worth watching closely.
BTC just defended a major support level near $60,000 — and the market is reacting! Panic sellers may have exited too early, while smart traders are already eyeing this as the perfect rebound entry. Oversold RSI, a spike in volume, and holding key technical zones all point to a potential bullish breakout.
But this isn’t just technical — macro factors are aligning too. The Fed’s rate pause, increasing ETF inflows, and the ongoing halving narrative are creating a powerful upward force behind Bitcoin.
If BTC breaks above $62,500 with strong volume, the next target could be $66,000+. This is not financial advice — but it is a wake-up call. Don’t trade emotionally. Trade smart. Use stop-losses, confirm signals, and ride the trend.
#SaylorBTCPurchase Michael Saylor Sparks Buzz with New Bitcoin Tracker Update – Another BTC Buy Incoming?
According to PANews, MicroStrategy founder Michael Saylor has just dropped fresh insights via his Bitcoin tracker update. The crypto community is speculating this could be a hint at another massive BTC purchase.
Bitcoin reacted with a strong bullish move!
BTC: +5.84% Current Price: $93,027.2
Do you think another big buy is coming? Drop your thoughts in the comments!
#SaylorBTCPurchase Michael Saylor Sparks Buzz with New Bitcoin Tracker Update – Another BTC Buy Incoming?
According to PANews, MicroStrategy founder Michael Saylor has just dropped fresh insights via his Bitcoin tracker update. The crypto community is speculating this could be a hint at another massive BTC purchase.
Bitcoin reacted with a strong bullish move!
BTC: +5.84% Current Price: $93,027.2
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