TechFlow News: On April 27, QCP Group published an analysis stating that U.S.-Iran negotiations have once again broken down, while the Middle East ceasefire continues and the overall geopolitical landscape remains static. A shooting incident occurred at the White House Correspondents’ Dinner, with Donald Trump suspected as the target. Following Asia’s market open, BTC briefly surged above $79,000 and ETH above $2,400; however, gains quickly reversed amid concerns triggered by news that Iran’s Foreign Minister was traveling to Russia for talks with President Putin.
Since early April, BTC has posted cumulative gains exceeding 14%, marking four consecutive weeks of positive weekly closes. Spot ETFs recorded nine consecutive days of net inflows totaling approximately $2.11 billion, while Strategy increased its BTC holdings by over $3.8 billion in the past month. The current key resistance level for BTC lies near the CME gap around $82,000. BTC perpetual contract funding rates remain persistently negative; a price breakout above this level could trigger short-covering. Implied volatility continues to decline, and risk-reversal skew has narrowed, indicating gradually renewed investor interest in upside exposure.
Key events this week: April 29 — Earnings reports from Microsoft, Amazon, Meta, and Google, plus the FOMC interest-rate decision; April 30 — Apple’s earnings report, U.S. Q1 GDP, and March PCE data.
