ChainCatcher message, CryptoQuant stated on social media, "Bitcoin sentiment has reversed. Spot demand is rising, and Bitcoin's bull market index has jumped from 20 to 80. A score above 60 indicates bullish sentiment and supports price increases."

ChainCatcher news, ARK Investment Management released a Bitcoin reading report for April 2025, which pointed out that the economic outlook signals from inflation, market sentiment, and tariffs are mixed. However, the data shows that Bitcoin's price rose by about 14% in April, outperforming the S&P 500 index, and quickly rebounded from the market panic triggered by tariffs.The report also mentioned that the current price correction of Bitcoin has not exceeded 30%, technically still in a bull market range. If it drops 30%, 50%, and 70% from the historical peak, the corresponding price levels would be approximately $74,311, $53,080, and $31,848.In addition, the number of unrealized loss Bitcoins held by long-term holders (LTH) is close to 3.5 million, the highest level since 2018, indicating that the market may be in an oversold state, which ARK views as "bullish." The report also noted that the current proportion of profitable Bitcoin supply has not exceeded 68%, far below the historical peak of over 80%, suggesting that there are no signs of irrational exuberance in the market. Overall, on-chain data reflects that the market is in a healthy consolidation phase.

ChainCatcher message, according to Alternative.me data, today's cryptocurrency Fear and Greed Index has dropped to 52 (yesterday the index was 64), indicating that the market is in a "neutral state."

ChainCatcher news, according to Alternative data, today's Crypto Fear and Greed Index has dropped to 53, down from 56 yesterday, indicating that market sentiment is in a "neutral" state.

ChainCatcher news, according to Cointelegraph, as Bitcoin rises, short-term holders (STHs) are returning to the market, marking the entry of "speculative capital." Glassnode indicates a surge in Bitcoin's "hot capital." With BTC prices hovering at several-month highs, new investors are entering the market.Glassnode points out that the amount of Bitcoin transferred in the past week has reached its highest level since early February. This metric reflects the activity of short-term holders and serves as a reference for measuring the entry of speculative capital into the market.In just the past week, "hot capital" has grown by over 90%, approaching $40 billion. Since the local low at the end of March, "hot capital" has cumulatively increased by $21.5 billion, highlighting a shift in market sentiment.

ChainCatcher message, according to CryptoQuant data, the Bitcoin Bull Market Score Index has risen to 60, indicating that market sentiment has turned optimistic again, and the demand for liquidity in Bitcoin and stablecoins is starting to warm up.

ChainCatcher news, according to Cointelegraph, cryptocurrency investor sentiment has significantly improved from global tariff concerns, but analysts say that structural weaknesses in the market may still trigger downward pressure during the weekend's low liquidity. After U.S. President Trump adopted a more moderate stance, indicating that the import tariffs on Chinese goods could be "substantially reduced," the risk appetite among cryptocurrency investors seems to have rebounded this week.However, Bitfinex analysts stated that this improvement in sentiment "does not mean that Bitcoin can avoid volatility during the weekend; while improved sentiment can reduce market fragility, it cannot eliminate structural risks such as weak weekend liquidity. Historically, severe fluctuations are still likely to occur during weekends, especially when there are high open contracts and low market depth. Sudden macroeconomic news may still exacerbate volatility during low liquidity periods."

ChainCatcher news, according to the on-chain data monitoring platform Glassnode, the analysis of Bitcoin supply dynamics indicates that the activity of first-time Bitcoin buyers in April was strong: the Relative Strength Index (RSI) remained above 50 throughout the month, reaching 100 last week and still holding at a high of 80 today. This suggests that even with rising prices, the "fear of missing out" (FOMO) sentiment in the market is still increasing, and new funds are flowing in.

ChainCatcher news, according to Bitcoinist, the price of Bitcoin has been fluctuating between $83,000 and $86,000 after several days of consolidation, with neither bulls nor bears able to fully take control of the situation. This indecision reflects the general uncertainty present in global financial markets.Although the support level of $83,000 has been maintained, Bitcoin bulls have still not managed to reclaim the key moving averages that indicate a new wave of momentum. If this price level cannot be held, it may trigger a new round of selling; if bears regain control, it could push Bitcoin down to $80,000 (or even lower). $90,000 remains a crucial threshold that Bitcoin bulls must reclaim to reverse market sentiment, while the $81,000 area is the recent key bottom.

ChainCatcher news, according to glassnode analysis, Bitcoin is currently below the 111-day moving average ($93,000) and the 200-day moving average ($87,000), having recently tested the 365-day moving average ($76,000). These long-term moving averages have historically been key support levels.A drop below this level may indicate a deeper structural shift in market sentiment.

ChainCatcher news, according to Alternative data, the cryptocurrency Fear and Greed Index has risen to 47 today (up from 46 yesterday), shifting market sentiment to neutral.

ChainCatcher news, according to Alternative data, today's Crypto Fear and Greed Index has dropped to 30, down from 32 yesterday (the weekly average is 30), and market sentiment remains in a state of "fear."Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher message, QCP Capital's latest analysis points out that it has been exactly one month since the S&P 500 index reached an all-time high, and the market frenzy that once dominated Wall Street and Main Street, along with the narrative of American exceptionalism, has faded. Market sentiment has clearly shifted, and the pressing question now is: "How much longer will this pain last?"The latest victims of the market downturn include some of the largest macro hedge funds, which were forced to stop losses during this month's plunge. Millennium reported losses of $900 million from just two teams, while Brevan Howard's flagship fund has dropped 5% year-to-date, prompting it to impose stricter risk limits on traders. For these traders, the music has not completely stopped, but it is undoubtedly slowing down.The biggest near-term risk is the upcoming April 2 deadline, when Trump is expected to announce a new round of reciprocal tariffs. This remains the most direct resistance facing risk assets. Tonight's Federal Reserve FOMC meeting is likely to keep interest rates unchanged. However, QCP Capital will closely monitor any dovish shifts, particularly regarding changes in growth and inflation expectations. Given that the impact of tariffs takes months to ripple through the economy, the Fed is expected to remain in "wait-and-see" mode. While the tariff decision on April 2 has already been hinted at, it remains a key uncertainty.

ChainCatcher news, according to Alternative data, today's cryptocurrency Fear and Greed Index has slightly risen from 30 yesterday to 32, maintaining a "Fear" status. The average for last week was 20 (Extreme Fear), and the average for last month was 50 (Neutral), indicating a slight warming of market sentiment.Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Popularity (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

ChainCatcher news, according to Santiment analysis, since peaking on February 27, the trading volume across the cryptocurrency market has been steadily declining. After further declines in market capitalization over the past two weeks, trader behavior shows a mix of fatigue, despair, and capitulation.The report analyzes that when the trading volume of major cryptocurrencies continues to decline, even during slight price recoveries (as seen on Wednesday), it usually indicates that trader enthusiasm is waning. In this scenario, traders become cautious, suggesting they may not believe the current price increase will be sustained. Essentially, the decrease in trading activity reflects uncertainty, as fewer traders are confident that buying at current price levels will yield profits.The weakening trading volume during a mild price rebound could be an early warning sign of diminishing market momentum. Without strong buying participation, price gains may quickly lose momentum due to a lack of sufficient support to maintain an upward trend, which could lead to any rebound being temporary, with prices susceptible to decline again.To show a healthier and more sustainable recovery, bulls typically hope to see both price increases and trading volume rising simultaneously. Cautious market sentiment may continue to dominate until there is a significant increase in trading activity.

ChainCatcher news, despite the significant market decline in March, Cathie Wood's investment firm Ark Invest remains optimistic about Bitcoin. On Tuesday, Ark Invest stated in a report: "Ark remains optimistic about Bitcoin's long-term prospects, believing that policy changes and technological breakthroughs in areas such as artificial intelligence and robotics will reignite spending and enhance productivity."Ark Invest also noted that regulatory easing and tax cuts are potential major drivers for Bitcoin's recovery from the current market turmoil. The market has become overly pessimistic about the current macroeconomic and geopolitical sentiment.

ChainCatcher news, according to Alternative data, the cryptocurrency Fear and Greed Index has dropped to 20 today (yesterday it was 27), indicating that market sentiment is "extreme fear."