Track real-time hot topics in the crypto world and seize the best trading opportunities. Today is Sunday, April 13, 2025, I am Wang Yibo! Good morning to all coin friends ☀ hardcore fan daily attendance 👍 like and make big money 🍗🍗🌹🌹

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The crypto market has rebounded across the board, with Bitcoin prices soaring and altcoins following suit. Trump expressed his willingness to reach an agreement with C country, showing a more conciliatory attitude. Additionally, a sudden issue with the electronic system at U.S. customs has led to a pause in the tariff collection process for some goods, allowing Bitcoin to break through $85,000. This situation indicates that when the traditional financial system experiences a bug, Bitcoin's "decentralized" property becomes highly sought after, and everyone turns to it as a safe-haven tool. It is expected that there will likely be no major negative factors in the market before the end of this month, but this does not mean that Bitcoin can immediately start a bullish trend.
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The Bitcoin market has been fluctuating. After a rapid upward surge the previous night, it quickly entered a phase of consolidation early this morning. This pullback was relatively brief and the extent was quite small. Subsequently, Bitcoin's price continued to rise, reaching a peak around 85876, before starting a slight retracement. From a technical analysis perspective, on the daily chart and the four-hour cycle, the previously formed classic W-bottom pattern has been effectively broken, with impressive rebound strength. Currently, technical indicators are beginning to show signs of a top divergence, suggesting a potential demand for a technical pullback in the short term. Considering that it is currently the weekend, market trading may be relatively thin, providing a brief opportunity for the market to consolidate. If the price continues to forcefully push upward, the top divergence structure will become more apparent, significantly increasing the likelihood of a pullback. Therefore, we lean towards the idea that the market should take a slight pause at its current position and seek a better opportunity to push upward next week, as this type of movement would be healthier and more stable.
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Regarding Ethereum, after successfully reaching a high of 1669 last night, it quickly entered a phase of continuous fluctuation and adjustment. During this adjustment phase, the overall price volatility has been relatively limited, with both bulls and bears engaging in fierce competition, resulting in a clear market divergence. Currently, all technical indicators are pointing upwards, but the Kdj values are in the overbought zone, compounded by a sudden increase in trading volume last night, which requires caution against a technical correction. After the previous high-pressure upward trend, the market needs some time to fully digest the impact of the bulls' increased volume. Based on this, in the short term, the likelihood of Ethereum maintaining a fluctuating trend has greatly increased. After a period of consolidation, and once sufficient momentum is re-accumulated, Ethereum's price is expected to continue its upward trajectory, and the market's outlook for both bulls and bears will also need to shift.