BTC falls below the $83000 mark

According to official data, in the seven days ending April 3, Circle issued approximately 3.8 billion USDC, redeemed approximately 3.3 billion USDC, and increased circulation by approximately 500 million coins. The total circulation of USDC is 60.8 billion pieces, with reserves of approximately 60.9 billion US dollars, including cash of approximately 7 billion US dollars, and Circle Reserve Fund holding approximately 53.9 billion US dollars.

Arthur Hayes tweeted that the latest generation of American stock investors are too accustomed to structural bull markets. This is more like an exception than a global norm, with many examples showing that even with good potential economic growth, the stock market will continue to experience 10 years of horizontal/interval volatility. It is expected that the market will provide a perfect environment for traders who can quickly adapt and thrive, but for many privately-owned strategies, the market will be extremely pessimistic. If Trump continues his policy choices, the expected returns for PE and VC should significantly decrease.

The price of Binance FUN/USDT has reached a new high in nearly 3 months, now reported at 0.007337 US dollars, up 32.87% in 24 hours, with a turnover of 20.63 million US dollars. After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)

Crypto analyst Miles Deutscher is pushing for Bitcoin, firmly believing that it will set a new ATH between the third quarter of this year and the first quarter of 2026. It believes that people have overlooked the bigger picture, and the ultimate rebound will be stronger than ever before. The reasons are as follows. Trump's plan is to cause short-term pain now as he attempts to lower the US dollar/yield ratio (currently in the process of digesting a new baseline in the market). In the medium term, tariffs will force domestic absorption of treasury bond to offset the reduction of foreign purchases (BTC is extremely sensitive to global liquidity). The market may hit bottom due to recession concerns (a scary word, markets hate uncertainty), but by the time it officially arrives, the market is already paying attention to the Fed's response. The Federal Reserve will eventually be forced to cut interest rates, paving the way for possible quantitative easing in 2026 (remember that the market is forward-looking, in my opinion, quantitative easing may not be as important as other liquidity measures this year - they have choices: repurchase operations, BTFP, purchase of treasury bond bonds, etc.). As for altcoins, high-quality products may follow BTC's trajectory and find a bottom before recovery - low-quality projects will be eliminated. In environments with tight liquidity, market participants tend to consolidate around higher quality assets (first BTC) and then lower the risk curve after improving confidence and liquidity. As for the short term, anything can happen. Trying to predict anything within the 1-12 week range now is extremely difficult and largely a foolish game. Maintaining patience is not easy, but it is what is needed now. Individuals will increase their risk exposure in the coming weeks/months, as the overall situation will be quite good from the first quarter of next year.

From the perspective of member exclusive chip distribution indicators, the current price range has sparse chips, indicating that the support around 83000 is particularly fragile and may quickly decline once it falls below. Combined with the recent significant decline in market trading volume to an average level of 31.35%, the competition between long and short sides has become calm, but prices have rebounded slightly above EMA24, suggesting that the weak rebound in the downward trend may continue. Although the current MACD is showing a golden cross, the RSI is hovering around the 50 median line, with limited upward momentum. According to the chip distribution, if the price breaks through 84000, the next pressure level will appear at 85000. Open a membership, accurately grasp the chip intensive area and support level, and seize the opportunity. Open membership, unlock chip distribution, understand key positions in long short games, one step ahead! The data is sourced from the PRO member's [BTC/USDT Binance 4-hour] candlestick chart, for reference only, and does not constitute any investment advice.