In the current market, I believe that the recent price drop of BTC is mainly affected by the pressure of widespread risk assets, rather than issues within the Cryptocurrency itself.
From the perspective of adjusting volatility, BTC's performance is highly consistent with the 'seven major tech stocks plus BTC' portfolio.
BTC wants to bounce back, I think it needs to rely on two major catalysts: 1. The overall recovery of risky assets or specific bullish news for BTC (such as sovereign purchases).
2. Clarity of tariff policies or rapid interest rate cuts by the Fed will promote market recovery.
The next week's Fed interest rate decision will be an important test for BTC. If the Fed maintains the current interest rate as expected, it is highly likely to lead to a test of the $70,000 support level for BTC.
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In the current market, I believe that the recent price drop of BTC is mainly affected by the pressure of widespread risk assets, rather than issues within the Cryptocurrency itself.
From the perspective of adjusting volatility, BTC's performance is highly consistent with the 'seven major tech stocks plus BTC' portfolio.
BTC wants to bounce back, I think it needs to rely on two major catalysts:
1. The overall recovery of risky assets or specific bullish news for BTC (such as sovereign purchases).
2. Clarity of tariff policies or rapid interest rate cuts by the Fed will promote market recovery.
The next week's Fed interest rate decision will be an important test for BTC. If the Fed maintains the current interest rate as expected, it is highly likely to lead to a test of the $70,000 support level for BTC.
#特朗普关税影响分析