April is a critical month for the following reasons:
1. There has been no net inflow into Bitcoin ETF recently, and the purchasing power from Europe and the United States has slowed down. Japan's departure from the zero interest rate policy is also negative from a financial perspective. BTC is currently consolidating near the previous bull market high, seeking new upside support.
2. Activities such as the Hong Kong web3 carnival and the Binance Dubai meetup will bring the popularity of the Asia-Pacific region back to its peak.
3. Bitcoin halving and expectations of U.S. interest rate cuts are gradually coming true, and the two biggest narratives of this bull market have reopened.
Overall, we are still optimistic that BTC will resume its offensive in early April and challenge the 75,000 or even 80,000 mark. BNB is expected to also release some good news before and after the Dubai meeting.
