#比特币反弹 As expectations of easing tensions in the Middle East rise, the safe-haven attribute of the US dollar has significantly weakened, coupled with market bets on the Federal Reserve cutting interest rates later this year, leading to an accelerated withdrawal of global funds from dollar assets.

Data shows that the US dollar index has fallen about 2.3% since its late March high, possibly marking the worst monthly performance since August last year.
Wall Street institutions generally believe that this round of dollar weakness is fundamentally driven by a "diminishing safe-haven premium + shift in policy expectations."
JPMorgan has restarted its short-dollar strategy, turning bullish on risk currencies like the Australian dollar; Bank of New York Mellon also pointed out that emerging market currencies are rebounding across the board, reflecting a significant increase in global risk appetite.
BTC spot ETF has achieved six consecutive days of net inflows.
Among them, the net inflow on April 17 reached as high as $663.91M, the highest in recent times; net inflows of $411.5 million and $238.37 million were recorded on April 14 and April 20, respectively; on April 15, a contribution of $186 million was made.
On the outflow side, only four days saw net outflows, with daily amounts not exceeding $400 million.
Regarding Ethereum spot ETFs, since April 9 of this year, there has been a rare 9-day consecutive net inflow.
On April 17, a single-day net inflow of $127 million was recorded, hitting a new high for the month.
In terms of net outflows this month, only four days occurred.
Stablecoin data shows that, according to DefiLlama, the total has risen to $320.6 billion, with a net inflow of $635M over the past 7 days.

Future Trends
Glassnode released a chart showing that Bitcoin has recaptured the $78k level, with spot demand and ETF fund inflows both returning.
Short positions, along with negative funding rates, have accumulated, creating potential for a short squeeze.
However, high realized profits and subdued volatility signals warrant caution, and the upward space around $80k faces resistance.

BIT tweeted that new sources of Bitcoin demand are gradually emerging.
The continuous accumulation by Strategy provides relatively stable buying support for the market, and clearer signs of capital inflows focused on allocation are beginning to appear.
Specifically, CoinbPremium continues to rise, with daily net inflows of spot Bitcoin ETFs reaching about $664 million at one point, the highest since mid-January.
All these signals point in one direction: the demand structure is recovering.
Corporate financial buying, ETF fund inflows, and US spot demand are forming a combined force, making support at price lows more stable, and market participation is also increasing, showing a clear difference from previous correction phases.
Combined with the rebound of stablecoin funds, liquidity support is also gradually strengthening.
These two clues corroborate each other, suggesting the market may be gradually building a new trading range.
This does not necessarily mean a linear upward trend, but if the above trends continue, the probability of prices moving toward the upper boundary of the range is increasing.