Matrixport: Whether April can achieve a phase of recovery depends on the resonance of liquidity, position structure, and external catalysts

According to a report by Jinse Finance on April 3, Matrixport released its daily chart analysis, stating that Bitcoin is entering a critical observation window. After months of correction, the price has recently recorded a slight rebound and is once again testing the key support range that was lost during this round of adjustment. Although we maintained a cautiously optimistic outlook for the market in March, the foundation for overall recovery remains unstable, and the trend remains fragile. The primary reasons behind this include accumulating macroeconomic pressures, weakening marginal liquidity, and the approach of key policy events, which are gradually reshaping market pricing logic. Looking ahead to April, although the market typically views it as a relatively strong month, historical performance does not support simple extrapolation. Rather than relying on seasonal patterns, it is more important to focus on the technical formations at the beginning of the month, the liquidity environment, and changes in macroeconomic variables. Whether April can achieve a phase of recovery depends on the resonance of liquidity, position structure, and external catalysts. This report will analyze liquidity, position structure, and macroeconomic catalysts to assess whether the market in April will continue its adjustment or gradually signal stabilization.