JiaMiYing
JiaMiYing|Mar 13, 2025 07:57
BTC: As of March 13, 2025, the current price of Bitcoin is $83300. Yesterday, a "spindle line" closed at the daily level, and the volume performance was average, indicating that the market's long and short forces are temporarily in a balanced state. The net inflow of 160 US spot Bitcoin ETFs worth approximately $13.3 million yesterday indicates slow but sustained capital inflows, providing some support for short-term prices. In terms of macroeconomics, tonight's PPI data will affect market sentiment. If it falls below expectations, it may push Bitcoin to continue its volatile upward trend. Next week, the Federal Reserve's dot matrix will reveal the path of interest rates, which is crucial compared to Bitcoin. Historical trends show that BTC often experiences a recovery market driven by VIX's decline (currently stabilizing) and positive news (such as ETF inflows), but the chip area of $93000-97000 has not collapsed, indicating an increase in long-term holders and a reduction in short-term downward pressure. Overall, Bitcoin is currently in a period of volatile recovery. If tonight's PPI data is positive, it will further rebound upwards, but the reversal still needs more confirmation.
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