ChainCatcher news, according to CoinJournal, Bitcoin has rebounded over 11% from the low of $74,400 on April 7 and is currently approaching $84,000.Famous technical analyst John Bollinger has identified a potential W-shaped reversal pattern on the weekly chart. This pattern shows two distinct troughs: approximately $76,600 in March and $74,400 in April. The lower Bollinger Band is at $77,138, providing key support for the price.Analysts indicate that if BTC can break through the resistance level of $90,000 with high trading volume, it will confirm the W bottom pattern, with a target price potentially reaching $106,000. On-chain data shows that as realized losses decrease, selling pressure is weakening.

ChainCatcher news, Binance Research has released the latest report. Since Trump's return to the White House and the significant increase in import tariffs, the cryptocurrency market has experienced intense fluctuations. BTC has fallen over 19% from its peak at the beginning of the year, and ETH has dropped over 40%. The total market capitalization has shrunk by nearly $1 trillion, with safe-haven funds flowing into gold and bonds.The research points out that ongoing trade frictions and stagflation risks have put the Federal Reserve in a policy dilemma, and the market has begun to anticipate multiple interest rate cuts within the year. Bitcoin has shown an increased correlation with the stock market in the short term and a negative correlation with gold, highlighting its risk asset attributes. However, in the long term, if inflation remains high while interest rates decline, Bitcoin may once again become an investment choice for hedging against inflation. In the short term, the cryptocurrency market may maintain a state of volatility and high sensitivity, while the long-term outlook will depend on the evolution of the global macro environment, the Federal Reserve's policy path, and whether the cryptocurrency industry can regain an independent narrative and asset positioning.

ChainCatcher message, Federal Reserve Chairman Powell stated: "The Federal Reserve is fully focused on achieving the dual mandate given to us by Congress, which is to maximize employment and stabilize prices. Despite high uncertainty and rising downside risks, the economy remains in good shape. Upcoming data will show that economic growth is robust, the labor market remains balanced, and the inflation rate is closer to but still above our 2% target."

ChainCatcher news, Metis has launched a dual-chain strategy, introducing MetisSDK and announcing the upcoming high-performance chain Hyperion designed for AI-native applications based on MetisSDK.Metis has made further strategic announcements regarding its dual-chain strategy. Metis aims to provide scalable high-performance solutions for the entire blockchain ecosystem based on MetisSDK. Through the integration of the AI-specific layer Hyperion (HYPE) and the foundational layer Andromeda, a complementary Layer2 ecosystem will be built.Andromeda, as the first step for Metis to build a scalable decentralized infrastructure, has achieved a complete decentralized sequencer node architecture, utilizing Optimistic Rollup technology, focusing on general scenarios (such as DeFi and enterprise applications), ensuring security and decentralization. Hyperion, based on MetisSDK, consists of components such as MetisVM and MetisDB. The Metis SDK provides cross-chain development tools to achieve seamless interaction between the two chains; the METIS token will serve as the native Gas Token for the dual chain.It is reported that the Hyperion testnet is scheduled to launch by the end of April 2025, with the mainnet starting in August. Andromeda will achieve Stage 0 upgrade soon and plans to reach Stage 1 goals by the end of the year.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan quoted U.S. Treasury Secretary Scott Bessent on social media, stating: "We will ensure that the dollar continues to be the world's dominant reserve currency, and we will achieve this through stablecoins."Hougan stated: "No matter how high your expectations are for the assets under management (AUM) of stablecoins, you are likely still underestimating their potential. If stablecoin AUM reaches trillions of dollars, the overall landscape of the crypto market will be reshaped."

ChainCatcher news, according to Cointelegraph, investment analysts and leaders in the crypto industry believe that President Trump's executive order to establish the "U.S. Strategic Bitcoin Reserve and National Digital Asset Repository" will serve as a catalyst for the broader adoption of Bitcoin. Bitwise Research Director Ryan Rasmussen predicts that this will create a ripple effect, with other countries and private investors investing in Bitcoin with greater confidence. He emphasized, "The ultimate goal has never been 'the U.S. government buying all the Bitcoin in the world.'"Rasmussen stressed that large institutional investors, such as wealth management firms, financial institutions, and pension plans, now have "no reason" not to increase their exposure to Bitcoin and other crypto assets recognized by the Trump administration. He pointed out that as selling pressure diminishes, the likelihood of the U.S. government and states purchasing Bitcoin has increased, and he clearly stated, "The U.S. government's holding of Bitcoin would reduce the likelihood of the government banning Bitcoin to zero."

According to ChainCatcher news reported by CoinDesk, Paul Brody, the global blockchain leader at EY, expressed the view that tokenizing physical assets through blockchain can create daily, transparent price information for market data traditionally limited to a few asset classes, thereby redefining the way portfolio management is conducted.Brody pointed out that modern portfolio theory originates from Eugene Fama's efficient market theory in the 1960s. Although this theory has its flaws, the index fund strategies developed from it have become the default choice for managing pension and retirement accounts. Currently, about 80% of institutional investors' portfolios are concentrated in stock and bond index funds, while alternative investment strategies account for only 15-20%.The emergence of tokenized assets will expand the range of investable assets, allowing investors to access asset classes and regions that have been overlooked due to data scarcity or lack of liquidity. For example, by tokenizing physical assets such as real estate in Thailand, oil leases in Nigeria, or taxi medallions in New York, continuous and transparent price data can be generated, enabling these assets to be compared on equal footing with traditional assets like U.S. stocks.Brody anticipates that this transition will take about a decade, including the establishment of a broad portfolio of tokenized assets and the accumulation of 5-7 years of daily data records. With the proliferation of AI-driven automated investment tools, this transition may occur more rapidly than historical shifts in investment patterns. EY will host a global blockchain summit from April 1-3 to discuss the role of digital assets in portfolios.

ChainCatcher news, analyst PlanB stated, "If a V-shaped rebound occurs after this drop (around next week), then it confirms that we are still in a bull market. Bull markets are usually accompanied by a 20%-30% drop, followed by a sharp V-shaped rebound."

ChainCatcher news, according to SoSovalue statistics, as of now, twenty state-level administrative regions in the United States are initiating relevant legislative procedures. Among them, fifteen states have had their bills formally received by the House and have entered the committee review stage, forming operational legal drafts. The Bitcoin Strategic Reserve Bill is creating a regional legislative wave in the U.S.Taking Utah as an example, Bill HB0230 will allow the state's four public funds (namely, the State Disaster Recovery Restricted Account, the General Fund Budget Reserve Account, the Income Tax Fund Budget Reserve Account, and the Medicaid Growth Reduction and Budget Stabilization Account) to invest up to 5% of their total assets in Bitcoin. According to the 2024 Utah financial report data, this means a potential purchasing power of over $70 million.SoSovalue analysts state that the Strategic Bitcoin Reserve Bill is not only a new breakthrough for Bitcoin in the traditional financial system but also a historic advancement. As more state governments explore similar strategies, the trend of public funds holding Bitcoin may reshape the global market's definition of Bitcoin as an asset, defining Bitcoin not just as digital gold, but as part of national and institutional asset allocation, further solidifying its position in the global financial system.

ChainCatcher news, according to The Block, Aave founder Stani Kulechov stated: "Tariffs will raise funds for the U.S. and increase domestic production, while also allowing other countries to raise funds and boost their domestic production, making every country participate in the competition for domestic production. This is not an economic recession, but a restructuring of the entire global economy. For those who see stock market crashes during the transition period and face uncertainty, cryptocurrencies will serve as a hedge, and for those looking to reduce uncertainty from bond market crashes, DeFi yields will also act as a hedge."