BTC： As of March 20, 2025, the current price of Bitcoin is $85800; At the daily level, a "bullish candlestick" was closed yesterday, with increased trading volume, indicating a slight rebound in market sentiment. On chain data shows that the turnover rate has not increased but decreased in the past 24 hours, reflecting investors' wait-and-see attitude before the release of the Federal Reserve's interest rate results, and short-term funds are not eager to enter the market. Yesterday, there was a net inflow of 143 US spot Bitcoin ETFs worth $11.8 million. Although the inflow of funds was moderate, it was not enough to drive the overall market trend. At the macro level, the latest interest rate meeting of the Federal Reserve maintains a hawkish tone, with expectations of two interest rate cuts locked in within 2025, and the 2026 interest rate cut plan remaining unchanged at two. Combined with the slowdown in economic growth and tariff issues, the market trend reversal still lacks support. Overall, Bitcoin often exhibits a volatile trend in similar macro environments, with short-term or continued oversold rebound trends, but GDP and tariff data in April may become key variables.