According to a report by Jinse Finance citing The Block, Vetle Lunde, Head of Research at K33, stated that although July is filled with potential "Trump trade" volatility—including the budget bill, decisions on tariffs following the end of the trade suspension, and deadlines for crypto policies related to executive orders—cryptocurrency trading activity in July may once again remain subdued, continuing another calm summer. It is reported that the 90-day tariff suspension will end on July 9, which could prompt Trump to take new trade measures against certain countries. As seen earlier this year, tariff uncertainty often dampens market momentum and may pose resistance to Bitcoin's price movement in the coming weeks.