BTC： As of March 27, 2025, the current price of BTC is $87300; At the daily level, a "spindle line" was closed yesterday, indicating the hesitation of both long and short sides in the high-level game, with small volume and energy, reflecting insufficient market participation. On chain data shows that there was a net inflow of 1026 US spot Bitcoin ETFs worth $89.6 million yesterday, indicating that institutional funds still have some support; The distribution of chips in the past 24 hours shows that the behavior of buying from a low of $80000 and getting off from a high of $87000 is decreasing. This indicates that market participants are adopting a wait-and-see approach at the current price. At the macro level, the core PCE and University of Michigan inflation expectations data to be released this Friday will be released; The current volatile market is still driven by events. The final implementation of tariff policies, the performance of GDP data in April, and the next actions of the Federal Reserve will all be key variables determining the trend of BTC. Overall, Bitcoin has failed to effectively break through the resistance level of $88500 and is currently oscillating in the range of $85000 to $88500. With the release of core PCE and University of Michigan inflation expectations data this Friday, it is expected to fluctuate or increase tomorrow night, and is expected to once again attempt to rise above $88500.