On April 28, according to Decrypt, over the past month, Bitcoin has risen about 14%, with a chance to close the fourth consecutive week higher, focusing on the $82,000 CME gap. QCP Capital pointed out: "Whether the next upward move will become another classic bull trap or a more sustainable recovery depends on whether Bitcoin can close above $82,000. If Bitcoin successfully breaks through $82,000, it could rise to $90,000. Despite ongoing geopolitical tensions, this indicates that investors are gradually re-engaging with upside exposure, and downward hedging has slowed compared to previous weeks."



Additionally, the "Big Seven" earnings reports and the Federal Reserve policy meeting will influence the trend. Although the crypto recovery is still underway, the market still faces "immediate macro risks" from Q1 earnings reports of Microsoft, Amazon, Meta, Alphabet, and Apple—five of the "Big Seven." Wenny Cai, founder of Anchored Finance, said that these earnings "will serve as an important test of broader risk appetite," marking the first such meaningful test since the outbreak of the US-Iran conflict.

Another key macro catalyst is the Federal Reserve meeting. The market is pricing in a 100% probability that interest rates will remain in the 3.50% to 3.75% range. Cai stated that structurally, Bitcoin "has been performing steadily," citing "ongoing ETF capital inflows and improving institutional participation." She added that before clearer macro tailwinds or regulatory clarity emerge, Bitcoin's price movement "will continue to be driven by technical levels, positioning, and news-driven volatility."#加密市场小幅下跌
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GateUser-4e6cbcf6
· 04-29 12:25
Steadfast HODL💎
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GateUser-541b68fe
· 04-29 12:24
Just charge forward 👊
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加密山东
· 04-28 13:28
111111111111111111111111
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