Tonight, I’m still leaning bullish on BTC. Over the past 24 hours, the most critical events in the market have been easing pressure on risk assets: 1. March CPI data from the U.S. wasn’t as bad as the market feared, with U.S. stocks holding steady on Friday and the Nasdaq showing continued strength. 2. There’s still hope for a ceasefire in the Middle East. While tensions in Hormuz and the Israel-Lebanon situation haven’t fully calmed down, and oil prices remain volatile, the most extreme risk-off sentiment has taken a step back. 3. In the crypto space, regulatory sentiment seems friendlier than before. The news about Kraken securing a Federal Reserve master account is still brewing, which essentially pushes the boundaries between traditional finance and crypto further forward. On the charts, BTC has already staged a decent rebound this week, showing that capital is willing to flow back into high-volatility assets. In the short term, we can’t rule out some consolidation after a push higher, especially with thinner liquidity over the weekend. But as long as there’s no escalation in war or a sudden spike in U.S. Treasury yields, I’m still leaning toward BTC trending upward tonight into tomorrow. After consolidating at higher levels, there’s still room for another leg up.