BTC： As of April 22, 2025, the current price of BTC is $88400; The daily chart level shows a certain bullish momentum. Yesterday's closing pattern was a "small bullish line", with increased trading volume compared to the previous day, indicating an increase in market participation. On chain data shows that the US spot Bitcoin ETF had a net inflow of 4479 BTC (approximately $381 million) yesterday, reflecting the confidence of institutional players' funds in the market. The distribution of chips in the range of $85000 to $86000 shows no significant looseness, while long-term holders in the range of $92000 to $97000 have stable emotions and limited short-term selling pressure. At the macro level, although the US stock market is under pressure due to economic concerns, Bitcoin has risen against the trend, showing a strong independent market trend, and the weakening of the US dollar index has also added impetus to the rise. But the GDP data for the first quarter at the end of the month may trigger market fluctuations and need to be closely monitored. Overall, considering the recent net inflow of $381 million into its US spot Bitcoin ETF yesterday, coupled with the weakening of the US dollar index and low long short ratio, the short-term market trend tends to be bullish. Currently, Bitcoin is challenging its 200 day moving average and may explore the resistance range of $91700 to $92200 in the short term. If the breakthrough is successful, the price may briefly touch $96000, but this position is highly likely to trigger another major correction. The information and data in this content are sourced from publicly available materials and strive for accuracy and reliability. However, we do not guarantee the accuracy and completeness of the information, and this content does not constitute investment advice. Therefore, we assume full responsibility for investing based on this information.