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Bitcoin is trading slightly above $95,000 as the new week kicks off with rising expectations. After months of volatility and uncertainty, BTC has started to show signs of strength, breaking above the critical $90K mark — a major pivot zone for market sentiment. Bulls are now in short-term control, fueling hopes for a larger recovery rally. However, caution remains high as global trade tensions between the US and China continue to create an unstable financial backdrop.

One of the most notable developments is Bitcoin’s changing behavior relative to US equities. For the first time in months, BTC appears to be decoupling from traditional markets, a shift analysts believe could trigger an aggressive surge if current levels hold. The price action over the next few days will be crucial in defining Bitcoin’s short-term and medium-term trend.

Supporting the bullish case, data from IntoTheBlock reveals a significant increase in short-term traders’ balances last week, pointing to renewed speculative demand. If this trend persists, it could signal that Bitcoin’s latest move is more than just a relief rally, potentially marking the opening leg of a broader uptrend. However, volatility remains high, and bulls must defend key support levels.

Bitcoin Shows Strength but Faces a Pivotal Moment

Bitcoin is now showing solid signs of strength after consolidating around key support levels. After a series of healthy retests at lower demand zones, BTC looks ready to continue its upward trajectory. However, global tensions remain a major threat, and fears of a possible recession could create a difficult environment for risk assets like Bitcoin in the months ahead.

Currently, Bitcoin is entering a critical phase where price action could determine the next few months of market behavior. Bulls are in short-term control after reclaiming important levels like $90K, but the risks of a sharp downturn remain high, as macroeconomic uncertainty continues to dominate sentiment.

Adding to the bullish momentum, IntoTheBlock shared data revealing that Bitcoin saw a significant increase in short-term traders’ balances last week, pointing to renewed speculative demand. This trend is critical because it suggests fresh capital and new market participants are entering the space, fueling the current price action. If this influx persists, it would support the view that the current move is more than just a relief rally, potentially marking the opening leg of a broader, sustained uptrend for Bitcoin.

Nevertheless, caution remains necessary. Overextended leverage, rising volatility, and global economic fragility could quickly reverse sentiment. Bitcoin needs to hold above $90K and ultimately break above $100K to truly confirm the start of a new bullish phase. Until then, traders and investors must remain flexible and alert to both upside opportunities and downside risks.

Bitcoin Tests Resistance As Critical Week Approaches

Bitcoin is trading at $95,200 after several attempts to push higher, testing resistance around the $95K–$96K zone. Bulls are trying to build enough momentum to set a fresh high above $96K, which would further strengthen the short-term bullish structure and open the door for a move toward the highly anticipated $100K level.

However, despite the strong recovery from April lows, a failed breakout at this critical resistance could quickly reverse sentiment. If Bitcoin fails to hold its ground and is rejected from current levels, the price could slip back below the $90K support zone — a level that bulls must defend to maintain control of the trend. A breakdown below $90K would likely signal an extended consolidation phase, or even a deeper retrace toward the 200-day moving average around $88K.

This week will be crucial in determining Bitcoin’s short-term direction. A confirmed breakout above $96K would set the stage for a major rally, while rejection could lead to a volatile retrace. Traders and investors are watching price action closely, as macroeconomic uncertainty and global tensions continue to influence market sentiment and risk appetite across all asset classes.

Featured image from Dall-E, chart from TradingView

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Binance co-founder Changpeng “CZ” Zhao is donating 500 BNB (BNB) each to Thailand and Myanmar following a 7.7 magnitude earthquake that caused severe damage to buildings and widespread flooding.

Zhao plans to distribute the funds through Binance and Binance Thailand if a third-party onchain donation platform cannot be found to distribute the disaster relief funds.

“I hope everyone is safe in Thailand,” the Binance founder wrote in a March 28 X post before announcing the contributions to both countries affected by the earthquake.

According to The Guardian, at least 144 people are confirmed to have died as a result of the catastrophic earthquake as first responders in both countries continue rescue efforts to free people trapped under rubble.

Related: Thailand regulator approves USDT, USDC stablecoins

Disaster strikes Myanmar and Thailand

The earthquake struck on March 28 at approximately 1:20 PM local time. The epicenter of the earthquake was approximately 10 miles from Mandalay — the second-largest city in Myanmar.

The death toll in both countries is expected to rise as relief efforts continue, with 732 individuals reportedly injured as a result of the earthquake.

Myanmar’s junta chief Min Aung Hlaing has called upon any country willing to help with the disaster relief efforts to provide any aid it can.

Crypto donations amplify aid during times of crisis

The cross-border efficiencies, low transaction costs, and near-instant settlement times of cryptocurrencies make digital assets an ideal medium for disaster relief funds.

Following a 7.8 magnitude earthquake that impacted Turkey and Syria in February 2023, philanthropist Haluk Levent began collecting crypto disaster relief donations.

The Giving Block, a company that works with nonprofit organizations to facilitate crypto donations, also used crypto to raise funds for the victims of the Maui wildfires in 2023 and managed to give over $1 million to the relief effort.

More recently, in January, The Giving Block started an emergency relief fundraiser for those impacted by the California wildfires in Los Angeles and the surrounding areas.

At the time of this writing, the organization has raised over $1 million for the California wildfire relief fund.

Magazine: Crypto is changing how humanitarian agencies deliver aid and services

An analyst known for nailing the end of the 2021 crypto cycle believes that Bitcoin’s drop below $80,000 is designed to lure BTC bears into thinking that the bull market is over.

Pseudonymous analyst Capo tells his 942,200 followers on the social media platform X that he thinks Bitcoin is now process of carving a mid-bull cycle bottom following a substantial correction from its all-time high of around $110,000.

According to the trader, BTC’s plummet to a 2025 low of $76,000 is a bear trap or a false breakdown that would lead to a sharp bullish reversal with altcoins leading the charge.

“Bear trap went lower than expected, but the local bottom should be in or very close.

A strong relief bounce is likely over the next few days, with altcoins expected to outperform Bitcoin.”

On the instant messaging platform Telegram, Capo says that he’s starting to see signs of strength for Bitcoin and altcoins in the lower time frames.

“Ideally, BTC needs to reclaim $84,000 and ETH $2,000 for bullish continuation…

Most altcoins are hitting major support after a strong correction.

Many people are panic selling at these levels. Others are waiting for lower prices.

Fundings are very negative, confirming the bearish sentiment.

There’s a lot of liquidity to the upside.”

At time of writing, Bitcoin is trading for $82,765 and Ethereum (ETH) is worth $1,926.

To support his bullish stance on altcoins, Capo says he’s closely watching the TOTAL2 chart, an alt index that tracks the market cap of all crypto assets excluding Bitcoin and stablecoins.

The trader shares a chart suggesting that TOTAL2 has successfully retested a crucial support area at $971 billion.

A bullish TOTAL2 chart indicates that the altcoin market is rallying. At time of writing, TOTAL2 is worth $1 trillion after dropping to a 2025 low of $974 billion.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

An analyst known for calling the November 2021 crypto bull cycle top believes that the altcoin market is about to witness the return of bullish momentum.

Pseudonymous analyst Pentoshi tells his 857,000 followers on the social media platform X that he’s keeping a close watch on the OTHERS chart, an altcoin index that tracks the market cap of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins.

According to Pentoshi, OTHERS appears to be carving a local bottom at $250 billion and is now threatening to shatter its immediate resistance at $281 billion.

“Alts potential low time frame double bottom forming from $250 billion.

Still think we played this very well overall, and looking for it to go back toward $281 billion once again. Reclaim that and we get a nice move up for some actual relief.” 

A double-bottom pattern is a bullish reversal structure indicating that an asset or index has formed a solid demand area and is setting the stage for an upside burst.

Pentoshi predicts that OTHERS can surge by about 15% if it takes out resistance at $281 billion.

“Looking better and better, the market has had numerous opportunities to sell off.

Potential lower high at $320 billion range. Again, that area is likely the most important to watch as well as $250 billion for the next major trend in my opinion.”

At time of writing, OTHERS is trading for $271.63 billion.

One altcoin on the trader’s radar is the native asset of the layer-1 protocol Injective (INJ). According to the analyst, INJ appears to be respecting its high time frame support at $14 and is looking for a bounce toward $17.58.

“Still looking good, hit $16 already, now looking for a move further up.”

At time of writing, INJ is worth $15.26.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

On-chain data shows the Bitcoin miners will have an easier time starting Sunday as the network Difficulty is set to see a correction.

Bitcoin Mining Difficulty Will Drop In Upcoming Adjustment

The “Difficulty” refers to a feature built into the Bitcoin blockchain that controls how hard the miners would find it to mine a block on the network. The metric’s value changes about every two weeks in events known as adjustments.

Adjustments are entirely controlled by the cryptocurrency’s code, meaning no human gets to decide how the Difficulty should change in any such event. Satoshi wrote in one simple guideline for the network to follow when performing adjustments: the block time, the average amount of time miners take to mine a block, must stay constant at 10 mins.

This means that whenever the miners mine at a rate faster than this standard, the blockchain responds with an increase in Difficulty in the next adjustment. Similarly, it makes mining easier if miners are taking more than 10 mins per block.

Now, here is what data from CoinWarz says regarding how the Bitcoin network stats have been looking heading into the next adjustment, which is set to go live this Sunday:

Looks like the chain has been performing slower than intended recently | Source: CoinWarz

As is visible above, the Bitcoin block time has averaged at 10.27 minutes since the last adjustment, meaning the miners have been slower than what the blockchain requires.

In order to get the chain validators back up to speed, BTC will decrease its Difficulty by around 2.6%. Note that this value is only an expectation based on the block time so far; the real value might be different depending on how the miners perform over the next two days.

These last two weeks the miners have had to face the hardest network Difficulty ever, as the previous adjustment took the metric to a new all-time high (ATH) with a sharp jump.

Below is a chart that shows all the changes the indicator has gone through during the last six months.

The Difficulty is currently sitting at an ATH | Source: CoinWarz

Miners become ‘faster’ or ‘slower’ when they change the amount of computing power that they have connected to the network. This collective power of the miners is known as the Hashrate.

The upcoming change in the Difficulty is also in response to such a change in the Hashrate. Here is a chart from Blockchain.com, that shows the trend in the 7-day average value of the metric over the past year:

Looks like the value of the metric has been climbing up in recent days | Source: Blockchain.com

As is apparent from the graph, the Bitcoin Hashrate rose to an ATH earlier in the month, which is what pushed the network into taking the Difficulty to a new ATH as well. Following this peak, though, the metric observed a plunge, which is why the miners have been slower in the last couple of weeks.

The Hashrate has once more been climbing up in the last few days and it’s possible that the rise would only further once the Difficulty drops on Sunday.

BTC Price

At the time of writing, Bitcoin is trading around $96,900, down around 2% in the last week.

The price of the coin seems to have plunged in the past day | Source: BTCUSDT on TradingView

Featured image from Dall-E, Blockchain.com, CoinWarz.com, chart from TradingView.com