#AprilMarketOutlook

After Bitcoin closed March 2026 with its first rally since September 2025 and ended a five-month decline, it continued its upward momentum in Asian markets on the morning of April 1.

In Singapore markets around 9 a.m., or 10 a.m. Vietnam time, Bitcoin traded at over $68,000/BTC with little change since the start of the session, while Ether remained above $2,100/ETH. Previously, Bitcoin had gained 2.2% in March 2026, marking its first monthly increase in six months, fueling expectations that the crypto market might gradually emerge from its "frozen" phase.

This recovery occurred amid a broader rise in risk assets, including stocks, following U.S. President Donald Trump's statement that military operations in Iran could end within the next two to three weeks. However, Bitcoin's price movement remains relatively cautious; it has only slightly increased from around $66,500/BTC a month ago and has not surpassed the $70,000–$72,000/BTC range deemed necessary to boost investor confidence.

One of the key factors supporting Bitcoin in March 2026 was the return to U.S. exchange-traded funds (ETFs) after about $1.2 billion in net inflows following a four-month outflow period. However, analysts believe the market still faces many conflicting signals. Data shows a concentration of numerous short contracts around $60,000/BTC, reflecting some investors' defensive stance.