CryptoQuant Warning: Bitcoin Rebound Losing Steam, "Bull Market Index Hits Two and a Half Year Low," Key Resistance Level at $84,000–$96,000

By: blockbeats|2025/04/14 11:15:03

Original Article Title: "CryptoQuant Warning: Bitcoin Rebound Weakens, 'Bull Market Index Hits Two and a Half Year Low,' Key Resistance Level at $84-96K"

Original Article Author: James, BlockTempo of DooArea and Trend

According to the CryptoQuant Insights report, following Trump's announcement of a 90-day tariff suspension, Bitcoin experienced a rebound, and the declines in ETH and XRP also narrowed. Despite the market rebound, CryptoQuant's "Bull Market Score Index" has dropped to 10, hitting its lowest level since November 2022, requiring a breakthrough of 40 to demonstrate a sustained bullish trend.

CryptoQuant points out that Bitcoin's current resistance level is between $84,000 and $96,000. If the uptrend weakens, the price increase will be limited, similar to the trend during past bearish market cycles. While the tariff suspension eased trade tensions, it did not reverse on-chain fatigue indicators such as declining network activity and weak stablecoin liquidity. Bitcoin saw a massive 27% drop earlier this week, marking the largest decline of this cycle and highlighting its vulnerability. CryptoQuant concludes that the trend of the Bull Market Index will depend on whether investor confidence can be reignited, and the market needs to remain vigilant.

Santiment: Tariff Exemption Policy Drives Market Rebound

According to the Santiment report, the tariff exemption policy announced by Trump over the weekend stimulated the crypto market's rise, significantly alleviating the high import cost pressure faced by the tech sector. The price of Bitcoin rose to a weekend high of $85,900, breaking through the resistance level near $83,000.

Historical data shows that assets like Bitcoin usually move in sync with the tech sector, especially when investors lean towards risk assets. Strong performance in tech stocks often boosts investor confidence in purchasing cryptocurrencies. Therefore, the tariff exemption policy indirectly eased the pressure on the crypto market.

Furthermore, Santiment points out that the tariff exemptions for semiconductors and computer parts have long-term benefits for the crypto ecosystem. These components are vital for crypto mining, blockchain infrastructure development, and AI-driven crypto tool creation. If these parts can continue to be supplied and priced reasonably, it will help the industry run smoothly.

This means that the operations of crypto exchanges, wallet service providers, and blockchain tech startups will be more seamless.

Although Trump's trade policy remains complex and unpredictable, Santiment believes that this specific exemption for tech devices provides clear short-term policy direction and eases the pressure on the crypto market. Investor confidence has been strengthened, and the inflation risk for consumer electronics has also eased, allowing businesses to address tariffs without raising prices or cutting back on innovation.

Santiment summarized that the market has experienced a mild upward reaction, with expectations of a stock market rise on Monday as well, further boosting Bitcoin and altcoins. However, after the initial reaction, the market will become more uncertain, and the general public's FOMO (Fear of Missing Out) sentiment may dampen the uptrend.

Original Article Link

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

The interim executive director of the Ethereum Foundation speaks out: What is our mission?

"We are here to strengthen defenses against where Ethereum has already become or may become extractive, comprehensive, or susceptible to cartel or state control, or influenced by tools of surveillance or coercion from authoritarian regimes."

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?

ICE and OKX established OKXICE, symbolizing the relationship between traditional finance and the crypto market is transitioning from "tentative cooperation" to "infrastructure-level integration."

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet