
Phyrex|Apr 30, 2025 20:50
The GDP data released today shows that the United States recorded a negative growth of -0.3% in the first quarter, which seems to be negative on the surface, but on a closer look, domestic demand is still stable, with a growth of nearly 3%, indicating that the United States economy has not experienced a systematic decline, and the decline in GDP is mainly due to the impact of Trump's tariff policy.
Although the market experienced some pullback in the early stages of data release, it quickly resumed its upward trend, indicating that investor sentiment remained stable and panic did not spread. Open long at $94000 and wait for the day to see the returns.
In terms of Bitcoin, on chain data shows that the investor structure is stable, with a low turnover rate in the short term, and the main support level is concentrated in the range of $93000 to $98000. In general, as long as Trump does not further intensify the policy and the financial report performs well this week, the market is expected to maintain the pace of repair in the short term, and the focus will turn to Friday's non-agricultural data.
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