Matrixport: Whether a phased recovery can occur in April depends on the resonance of funding, position structure, and external catalysts.

Jinse Finance reported that on April 3, Matrixport released its Daily Chart Analysis, noting that Bitcoin is entering a critical observation window. After months of correction, the price has recently shown a slight rebound and is once again testing a key support range that was previously lost during this adjustment. Although in March we maintained a cautiously optimistic stance toward the market, the overall recovery foundation remains unstable, and the trend is still relatively fragile. The main reasons behind this are the continued accumulation of macroeconomic pressure, marginal weakening of liquidity, and the approach of key policy events, resulting in a gradual adjustment of the market’s pricing logic.Looking ahead to April, although the market usually regards it as a relatively strong month, historical performance does not support simple extrapolation. Compared to seasonal patterns, greater attention should still be paid to the technical structures at the start of the month, the liquidity environment, and changes in macro variables. Whether April can emerge into a phase of recovery will depend on whether capital flows, position structures, and external catalysts can resonate. This report will focus on analyzing liquidity, position structures, and macro catalysts to determine whether the April market will continue to adjust or gradually send out signals of stabilization.