There isn't much information today, except for the continued tug of war between China and the United States. The market is completely different from what many people expected. Previously, it was said that BTC can not only resist the decline but also rise against the trend when the US stock market falls. However, today the US stock market continued to rise by more than 2%, but Bitcoin still entered a small oscillation range and did not continue to rise. I will discuss this issue in detail in tomorrow's weekly report. At present, the rise of the US stock market still lies in the relief of tariffs and Trump's relief over the dismissal of Powell. In particular, the tariff issue for China has been twists and turns. Today, after the US tariff reduction for some Chinese auto parts was reported, the news of China's tariff reduction for some US semiconductors and parts was also reported. The S&P and Nasdaq have recovered all the declines caused by tariffs since early April. Tomorrow is the last day of this week's trading, and starting next week is the time to compete with GDP. In the latest data, GDPNow has once again lowered the GDP of the United States in the first quarter, which will be an important basis for determining the difficulty of trading in May. Returning to the data of Bitcoin, although the price of BTC has experienced a slight correction, investors' emotions are still very stable, with a decrease in turnover rate. Investors who have been buying at the bottom in the past two days have accelerated their exit, while earlier and loss making investors still remain calm and wait. The support level around $83000 is gradually showing signs of collapse, mainly due to not having been baptized for too long. On the contrary, the holdings between $93000 and $98000 are gradually increasing, and the stability of these investors will be higher, especially those who have not left after around $74000. Most of these investors are probably not short-term investors anymore. We have talked about this topic for a long time, and after nearly three months, it returned to a stable oscillation range again. This is the adsorption effect of on chain data. As long as the dense chips at this position do not collapse, it is only a matter of time before we return to this price range. 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