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Bitfinex reports: Market focus on US$72,000 to US$82,000 Bitcoin "vacuum zone" upward momentum still to be confirmed
BitfinexAlpha's latest report pointed out that Bitcoin's trend last week showed a clear divergence. Although it once rose to a high of US$76,000, it then fell back under the influence of PPI data, the Federal Reserve's statement and tensions in West Asia, hitting a low of approximately US$68,000 over the weekend. Despite the intensified short-term volatility, Bitcoin as a whole remained above the opening price in March, which was more volatile than the performance of the S & P 500 index. Market analysis pointed out that if bulls have enough confidence and push prices beyond the US$72,000 range, there may be an "AirGap" of US$72,000 to US$82,000 above, that is, an area where transactions and resistance are relatively sparse, and prices are expected to rise rapidly. The current market focus is on whether macro data and geopolitical conditions continue to disrupt the performance of risky assets, and whether Bitcoin can re-establish sustained upward momentum and return to its previous high range.