Expert Identifies Bitcoin Level for Bullish Trend Confirmation

Bitcoin and Ethereum near levels indicating trend reversal despite bear market concerns.

Bitcoin and Ethereum are near levels indicating a potential trend reversal, despite growing investor concerns about a bear market. This was stated by macro analyst Jordi Visser on Anthony Pompliano’s podcast.

According to the expert, BTC needs to surpass $76,000, and ETH $2,400, to confirm an upward movement.

“I believe inflation will remain high, and people need to find something that will yield profits when the S&P 500 index is stagnant,” Visser added.

In March, the US consumer price index rose by 0.9% — from 2.4% to 3.3%. This figure reached its highest since May 2024.

However, the macro analyst does not consider himself a “fan” of classifying Bitcoin’s price trends as bullish or bearish. He asserts that the market usually turns when investors are most confident in continued growth, and vice versa.

Current Situation

While some signals point to the long-term resilience of the crypto market, it is currently showing a decline. On April 12, digital gold plummeted from $73,000 to $71,300.

At the time of writing, Bitcoin is trading around $71,600, having lost 1.5% over the day.

Adding to the negativity were failed negotiations between the US and Iran. Tehran did not accept Washington’s terms for a peaceful resolution of the conflict, risking further de-escalation.

As noted by Alphractal CEO Zhao Wedson, large investors are currently opening short positions on altcoins, while retail investors are doing the opposite.

Whales are aggressively positioning in shorts on altcoins while retail is doing the opposite.

At the beginning of 2025, the Whale vs. Retail Delta was elevated, signaling strong interest in longs across the entire crypto market.

Since then, this metric has been declining. By… pic.twitter.com/VLfjPxiGBH

— Joao Wedson (@joao_wedson) April 11, 2026

Historically, such a concentration of shorts leads to a sharp correction, the expert noted.

The founder of The Block, Frank Chaparro, pointed out that Bitcoin liquidity has not yet fully recovered from the crash on October 10, 2025.

BTC liquidity still hasn’t fully bounced back post Oct 10 crash.

Average 1% depth dropped from ~$8M to ~$3M, now stabilizing around ~$6M.

Other majors are showing the same pattern, still below pre-crash levels.

Source: Kaiko pic.twitter.com/rLevSCd8LU

— Frank Chaparro (@fintechfrank) April 10, 2026

“The average 1% liquidity depth decreased from ~$8 million to ~$3 million, now stabilizing around $6 million. Other major cryptocurrencies show a similar trend, remaining below pre-crash levels,” Chaparro added.

In April, Ethereum network activity approached a historic high amid price consolidation.