On April 25, QCP Capital analysis pointed out that President Trump temporarily suspended his criticism of Federal Reserve Chairman Powell this week and promised to significantly reduce the 145% high tariffs on Chinese goods, which boosted market sentiment. Bitcoin rose accordingly, briefly reaching $94,500 during the day, continuing its fifth consecutive day of gains and momentarily surpassing Alphabet, Google's parent company, to become the fifth-largest global asset.
Institutions continue to increase their positions, further consolidating Bitcoin's market capitalization status. Call options at $95,000 are actively traded, indicating market expectations of further upward movement. The current market sentiment is overheated, and in the short term, to oscillate in the range of $90,000 to $94,500, awaiting a catalytic event to break through $100,000.
