Odaily News Matrixport released today's chart, saying that from the daily chart on March 24, Bitcoin was trying to break through the downward trend line around $85,712. A month later, despite the upward movement, Bitcoin is currently facing new resistance levels.
If Bitcoin can overcome the current resistance level, it will be expected to break through the $106,000 mark. The core factors that contributed to this potential trend include: the continued strength of the US stock market, Trump's release of more relaxed tariff signals, and the continued inflow of stablecoin funds, which were mentioned in yesterday's report.
As ETF inflows pick up, Bitcoin's momentum increases and the overall market structure trends positively.