K33: The current BTC market is taking a wait-and-see attitude, not completely bullish
analyst K33 stated that although in the past few weeks, due to the U.S. government's statements showing a mild attitude towards tariffs and the slightly dovish stance of the Federal Reserve, the cryptocurrency market has been in a calm upward trend, but there are still eight days until President Trump's "liberation day", and the market volatility caused by tariffs may further intensify. However, the most serious de-risking phase of BTC seems to have ended, and the market is now adopting a wait-and-see attitude. However, some traders remain slightly optimistic and maintain a relatively passive and defensive position, not entirely bullish.
Analysts believe that if Trump softens his stance, the market may rebound. If he continues to be ambiguous, volatility may affect both long and short positions; if he takes a tough stance, a sharp decline may occur - similar to past declines related to tariffs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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