Odaily Planet Daily News Matrixport released today's chart, saying that from the daily chart on March 24, Bitcoin tried to break through the downward trend line around $85,712. A month later, despite some upward movement, Bitcoin is now facing new resistance.
If Bitcoin can overcome the current resistance, 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 fund inflows pick up, Bitcoin's momentum has increased, and the overall market structure trend is positive.