JiaMiYing
JiaMiYing|Apr 02, 2025 07:55
BTC: As of April 2, 2025, the current price of BTC is $84200; At the daily level, a "small bullish line" was closed, with increased trading volume compared to the previous day, indicating a slight rebound in bullish confidence. On chain data showed a net outflow of 1912 US spot Bitcoin ETFs (approximately $158 million) yesterday, indicating that institutional funds are still cautious. The turnover rate has slightly increased, and there are obvious signs of short-term players taking profits. Players with holding costs below $90000 dominate, and their exit behavior is more of a risk aversion response to tariff risks. At the macro level, GDPNow predicts that the US GDP growth rate in the first quarter of 2025 will sharply drop to -3.7%, coupled with the uncertainty of Trump's tariff policy announced on April 3, market sentiment is still suppressed. Overall, the short-term rebound of Bitcoin is more of a technical fix rather than a trend reversal. 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.
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