Bitfinex: Bitcoin rose 14% in April, current key support level is $95,000 "
According to online reports, the latest report released by Bitfinex showed that Bitcoin rose 14.08% in April, rebound from a low of US$74,501 at the beginning of the month to nearly US$98,000, exceeding the historical average performance for the same period. The current key support level is US$95,000. If this range can be stabilized, it may lay the foundation for a return to historical highs. On-chain data shows that miners 'reserves remain stable, and the Puell Multiple indicator shows that miners have no incentive to sell on a large scale, indicating that the market's structural bullish signal is still strong. Although the short-term trend still needs to be observed, the overall trend tends to continue to rise.
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