ME tokens have completed a short-term V-shaped rebound, with the 0.098–0.100 range forming strong phase support. If bulls hold steady, they can once again challenge the 0.120 resistance; if broken, focus on the 0.105 interim area. Risk appetite has recovered in the short term, mainly driven by eased Fed rate hike concerns, incremental ETF inflows, and declining risk-aversion sentiment, fostering a positive market atmosphere. However, Middle Eastern geopolitical and inflation variables remain unresolved; macro liquidity and ETF net inflows require ongoing validation. If these three core indicators weaken, ME faces valuation downgrade risk. It is recommended to follow the trend for short-term swing trading, partial profits above 0.120, and closely track liquidity and key Bitcoin technical levels for the medium/long term to guard against sudden corrections.

Starting the rebound from the around 0.0985 low in mid-to-late March, ME closed at 0.1121 on April 17, performing a short-term V-shaped recovery. Trading volumes surged to nearly 6 million and 7 million on April 5 and 7 respectively, indicating a shift towards aggressive buying, led by Bitcoin. Now, prices have fallen back from the 0.120–0.122 resistance zone, and volume has declined, indicating short-term profit-taking divergence. Yet, the 0.098–0.100 range still forms solid support. Technically, if bulls hold this support, a new challenge of the 0.120 resistance is possible; otherwise, beware of a pullback to the 0.105 interim area.

Bitcoin surged past $72,000, rising about 3% to approximately $72,300, driven by easing tensions in the Middle East. Israeli Prime Minister Netanyahu reportedly initiated talks with Lebanon, supported by Trump's call for reduced Israeli military actions to maintain a ceasefire. Bitcoin's 24-hour gain of around 2% outpaced other major cryptocurrencies and coincided with a rebound in U.S. stocks and a drop in oil prices. Bitcoin is increasingly decoupling from tech stocks, influenced more by geopolitical and risk-averse factors.

Analysis: Bitcoin breaks through $72,000, Middle East ceasefire expectations boost market sentiment.

BitMart Research Weekly highlights easing US-Iran tensions and a hawkish shift in the Federal Reserve, driving a rebound in risk assets including crypto. US stocks, especially AI-related sectors, show strong recovery amid geopolitical risks. Inflation data signals potential upward pressure if oil prices stay high. Crypto markets follow US stocks with BTC and ETH leading, while altcoins remain volatile. Institutional inflows into Bitcoin ETFs and MicroStrategy’s increased BTC holdings indicate long-term confidence.

BitMart Research Institute Weekly Hotspot Analysis: US-Iran Easing Combined with Fed's Hawkish Shift, Crypto Market Follows Rebound to Form a Bottom

The latest US PCE data shows inflation is in line with expectations, easing concerns over aggressive Fed rate hikes and supporting risk assets. Meanwhile, signs of easing in the Middle East have reduced risk-aversion demand, leading to a synchronized recovery of Bitcoin and other crypto assets. On the institutional side, ETF inflows and continuous accumulation by major holders have reinforced market optimism, driving renewed active capital inflows into ME following broad volatility, creating a resonant effect. Short-term sentiment is biased towards bullish.

The latest US PCE inflation data met expectations, easing market uncertainty and stabilizing Bitcoin around $73,000. Core PCE rose 3% year-on-year and 0.4% month-on-month. Despite easing US-Iran tensions, potential energy price impacts remain unreflected. Investors remain cautious about Fed rate cuts. Economist Mohamed El-Erian highlights upcoming CPI data as more critical amid oil price volatility. Analyst Michaël van de Poppe maintains an $80,000 Bitcoin target if key support holds.

Analysts maintain an $80K Bitcoin target as PCE inflation data boosts market sentiment.

Although positive news is concentrated in the short term, US-Iran talks have not entirely eliminated risk points, and a renewed surge in oil prices may boost inflation expectations, thereby strengthening dollar safe-haven demand and weakening crypto asset valuations. In addition, the latest research indicates that macro liquidity indicators and ETF net inflow are key drivers for the crypto market's subsequent trend. If three or more signals fail to synchronize, continued bullish momentum may be limited. In summary, it is necessary to monitor whether Bitcoin can keep breaking through key moving averages and volatility thresholds; sustained contraction or pullback could expose ME to significant adjustment pressures.

Analyst Charu Chanana from Saxo Bank states that the failure of US-Iran negotiations marks a setback, likely causing oil prices to rise again and risk sentiment to weaken. The Strait of Hormuz remains a significant risk despite not being fully closed. The US dollar may gain some safe-haven support, but a major surge is unlikely without new military escalations. Gold could benefit from renewed geopolitical hedging, though the market won't return to the worst inflation scenarios.

Analyst: Failed US-Iran negotiations may cause oil prices to rise again, risk sentiment could be hit once more.

Bitcoin has surpassed a four-week high, rising above $74,000. Analysts identify $75,000 as a critical "volatility release point," where derivative market negative gamma effects may amplify price fluctuations. This level coincides with Bitcoin's 100-day moving average, a key resistance in January. Breaking $75,000 could accelerate an uptrend, while a pullback may increase downward pressure. The $80,000–$80,600 range is a positive gamma zone with lower volatility, and the 200-day moving average at $87,519 serves as a long-term reference.

Analysis: Bitcoin breaks four-week high, key price range may intensify market volatility

The author analyzed all Bitcoin prediction methods from 2017 to 2025, finding that celebrity forecasts and classic models like Stock-to-Flow largely failed post-2024. After extensive research, only four indicators proved reliable: MVRV Z-Score, SOPR 28-day average, ETF net capital flow, and macro liquidity. The strategy uses these four signals, requiring three or more to align before acting, focusing on market direction and position rather than price targets.

Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Leaving Only These Four Indicators

Magic Eden

It’s not a given that the European Central Bank’s next move on interest rates will be a hike, according to Governing Council member Martins Kazaks.

Kazaks: Will not oppose bets on two interest rate hikes this year

Waller: Rapid resolution of the Middle East situation may allow for interest rate cuts later this year.

Waller: Overall PCE inflation year-over-year in March may reach 3.5%

The Federal Reserve's Waller expressed caution regarding interest rates, warning of the risks of prolonged warfare.

Fed's Daly: Rates May Remain Unchanged

Daly: The federal funds rate is slightly above the neutral level of 3%.

UBS Expects 50 bps Fed Rate Cuts as Gov Miran Downplays Inflation Risks

Federal Reserve's Daly: On hold regarding interest rates.

Easing tensions in the Middle East combined with rising expectations of interest rate cuts have pushed gold close to $4,900.

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Magic Eden Price: ME Live Price Today | ME Market Cap & Chart Analysis | Bybit-eu

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