
Phyrex|Apr 22, 2025 19:21
Today's work is much easier to write than yesterday's work. The US stock market rebounded sharply, not only recovering the share that fell yesterday, but also rising a lot. The VIX once returned to within 30, but all of this did not have any new advantages. The policy level was almost the same as yesterday's fall, so it can be judged that investors have gradually lost much interest in the dispute between Trump and Powell. With the rise of the US stock market, Bitcoin continued to maintain the upward momentum, hovering around $91000 for a long time.
However, from the current economic and political situation, it is still a bit early to say that the market has entered a reversal. The rebound is mainly due to yesterday's significant drop and the gradual start of the financial reporting season. More importantly, the GDP data released at the end of the month will determine the economic trend of the United States. If the GDP data does perform well, there is still a chance to explore higher positions. As long as monetary easing is not implemented, a complete reversal is still quite difficult, after all, liquidity restrictions are still present.
To put it simply, even if the US stock market and BTC continue to rise, assets that rely more on liquidity such as Rosso 2000 and altcoins are still unlikely to experience a reversal from the current situation.
However, it is true that there are still better opportunities for the United States. For example, Trump will stop playing tricks on tariffs. For example, Russia and Ukraine can really stop fire. For example, the U.S. economy is still very resilient and will go out of the negative chain reaction brought by Trump's ascendancy. But still, when the monetary policy is not completely changed, a large amount of funds will still be concentrated on head assets, such as American AI and cryptocurrency Bitcoin.
Looking back at the data of Bitcoin, with the BTC price rising again today, even breaking through $91000, it is evident that there has been an increase in turnover. Especially in the past two days, short-term investors who have been buying at the bottom have left in large numbers, indicating that they are not very optimistic about the next market trend. On the contrary, investors who are losing money and making early profits are still in a wait-and-see state and have not increased turnover due to the rise.
The current support levels are still between $81500 and $88000, and between $93000 and $98000. Such close support levels are still very rare, especially after more than three months, there has not been much change between $93000 and $98000. The investor sentiment in this area has become very stable.
However, at present, the yield of 10-year US Treasury bonds is still not optimistic enough, and there is no significant downward trend. The market trend should not be fully determined yet.
Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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