JiaMiYing
JiaMiYing|Mar 26, 2025 09:21
BTC: As of March 26, 2025, the current price of BTC is $88000; At the daily level, a "cross line" was formed yesterday, although the volume may not be high, it is often a signal of momentum after trend adjustment. On chain data showed a net inflow of 306 US spot Bitcoin ETFs (worth $26.8 million) yesterday, reflecting that institutional funds still maintain a certain level of confidence. Bitcoin remains stable in the chip intensive area between $93000 and $97000, and selling pressure is gradually diminishing. The active involvement of short-term bottom fishing funds has driven the increase in trading volume. At the macro level, if the core PCE and University of Michigan inflation expectations data to be released this Friday are moderate, tariffs are limited, the Russia-Ukraine conflict is expected to cease fire, inflation expectations tend to moderate, and the rebound of Bitcoin still has room for further continuation. Overall, although Bitcoin has encountered some resistance at a high level in the short term, after adjustment, it is expected to gradually release its upward momentum.
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