According to a message from ChainCatcher, as reported by The Block, Bernstein analysts stated that despite the recent impact of US President Donald Trump's tariff policy on cryptocurrencies and traditional markets, Bitcoin has shown "impressive resilience".
The analyst pointed out that in previous crisis periods (such as market panic caused by the COVID-19 pandemic, interest rate shocks, etc.), Bitcoin usually experiences a 50% to 70% correction. However, it currently only fell by 26%, indicating more resilient funds are supporting Bitcoin.
Analysts believe that from a time perspective, Bitcoin is a probabilistic "gold", performing as a more volatile and liquid version of gold.