April is typically a stronger month for Bitcoin’s performance, with a historical average monthly gain of about 11.3%. But since 2020, this pattern has become less stable. Bitcoin’s relative strength indicator is currently 47%, and market sentiment is being influenced by geopolitical and inflation concerns. This suggests that April’s volatility may rise, so it’s important to watch whether the market can form a clear direction.

Data shows that more than 40% of altcoin trading prices have moved close to their historical lows. The market has remained weak as geopolitical tensions and liquidity dilution weigh on it. Globally, about 47 million crypto tokens have been issued, with Solana, Base, and BNB Chain accounting for a larger share.

On March 22, the SIREN token controller concentrated chips into 48 wallets with a total of approximately 484.6 million tokens, accounting for 66.5% of total supply, currently valued at approximately $1.04 billion. Within approximately one and a half months, the SIREN price surged from $0.08 to $2.1, a 26-fold increase, with unrealized gains on holdings reaching approximately 47 times.

Gate News reports that on March 22, data from the prediction market Polymarket shows that the probability of Bitcoin falling to $45,000 within the year is currently 47%, higher than the 38% chance of it returning to $100,000, indicating a somewhat weaker short-term outlook. This data is based on the prediction market on its platform titled "What price will Bitcoin reach in 2026?"

On March 13, monitoring data showed that on the prediction market Polymarket, 2 new addresses bet that Netanyahu will step down within the year, with a total open position of 10,100 USD, and the current probability standing at 47%. Despite Netanyahu securing 53% trust support in polls, the wartime environment has limited opposition forces.

Gate News Update: On March 12, the Paraguay National Tax Service issued Resolution No. 47/26 to strengthen tax regulation on Bitcoin and cryptocurrencies. The new regulation requires crypto platforms and administrators to report detailed information on each user transaction, including wallet addresses, networks used, and transaction hashes. The scope of regulation covers cryptocurrency donations, inheritances, and NFT transactions exceeding $5,000 annually. This measure aims to incorporate digital assets into Paraguay's national tax system while complying with the Financial Action Task Force (FATF) anti-money laundering recommendations.

On March 11, Forbes reported that CEX founder Zhao Changpeng's net worth reached $110 billion, ranking 17th on the global billionaire list, surpassing Bill Gates. Zhao Changpeng's wealth surged by $47 billion, primarily due to his holdings in the exchange. The exchange is currently valued at approximately $100 billion, with annual revenue of $16-17 billion, and a market share of about 38%.

Although Ethereum's price rebounded by 22%, it remains relatively weak due to macroeconomic factors. Weekly DEX trading volume dropped to $12.6 billion, and DApp revenue decreased by 47%. Ethereum dominates the total locked value, with a mainnet TVL of $55.4 billion, indicating institutional investor preference.

Independent analyst Axel Adler pointed out that the Bitcoin market systemic indicator has recovered from the year's low of -47 to +0.98, indicating a rapid rebound. He believes that maintaining prices above $70,000 and normalizing funding rates will be key factors for a bull market. Recently, the price structure and systemic indicator have aligned for the first time, suggesting a possible structural shift.