Analyst: USDT liquidity shows a V-shaped recovery, providing structural support for Bitcoin's current price

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ME News Report, April 30 (UTC+8), according to CryptoQuant analyst EgyHash, USDT liquidity remains the primary driver of Bitcoin price discovery. The 60-day USDT market cap change data shows that the market has sharply reversed from liquidity tightening from late 2025 to early 2026, exhibiting a V-shaped recovery, while Bitcoin consolidates in the $77k to $78k range. The historic shift of liquidity from negative to positive is often a leading indicator of volatility expansion. Analysts believe that the market has shifted from a capital exit phase to an aggressive replenishment phase, and this transition provides structural support for current prices, but medium-term success depends on whether the newly added USDT can be converted into sustained spot demand. (Source: PANews)

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