Can this rebound continue? Current profit-making strategies?

From a structural perspective, this rebound has a certain basis for sustainability: institutional funds continue to flow in (ETF inflows of $1.1 billion last week), on-chain activity is increasing, a crowded short position is forming a potential "spring" structure, and regulators are pushing forward with the legislation of the "Clear Act." However, there are still three major obstacles ahead:

1. Geopolitical risks: The enforcement and duration of the Strait of Hormuz blockade remain the biggest variables. If oil prices stay high, inflation pressures will erode risk appetite;
2. Macroeconomic environment: The 99.5% non-rate hike is favorable for risk assets, but the rate cut channel has yet to open, and the market lacks substantial liquidity easing support;
3. Technical suppression: BTC is still trading below the 200-day moving average, with the $74,000–75,000 zone repeatedly testing the validity of a breakout.

Strategy suggestion: Positions can be divided into "core holdings + swing trading" layers. The core holdings should retain the medium- to long-term logic based on institutional accumulation and on-chain activity; swing trading positions should strictly focus on the resistance zone of $74,000–75,000 and the support zone of $70,000 for high buy-low sell operations. Special attention should be paid to whether the funding rate turns positive from negative and whether open interest begins to decline—that is the key signal indicating the true start of a squeeze market. #Gate广场四月发帖挑战