BTC rebounded strongly from $75,000 to $95,700 in April, a monthly increase of nearly 28%! After the deep V reversal, it entered the high-level platform to consolidate, and the K-line was "flag-shaped" to gather momentum. The main cost area of $84,500-86,000 has become a strong support, OBV momentum is flattening, MACD is converging, RSI is neutral, and the short-term direction is to be decided. ETF inflows accelerated, options IV moved lower, and market sentiment was cautious.
If the volume of BTC exceeds $96,000 and the target is $102,000-$105,000, ETF inflows and institutional entry may become a catalyst; If it falls below $90,000, the support is in the range of $88,000 and $84,500-86,000, and we should be wary of macro risk shocks.
The long and short game intensifies, and May may face a directional breakthrough! Which path do you like?
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