#特朗普撤销农业产品关税 What is the current status of Bitcoin? To put it simply, we are just waiting.

On-chain data has made the story very clear —
Approximately 31,800 BTC were pushed to exchanges by panic selling, clearly indicating that the weak hands are fleeing; however, at the same time, the number of addresses holding more than 1,000 BTC increased by 2.2%, marking the largest accumulation action in four months.
Retail investors are panicking, while the whales are accumulating. The chips are quietly completing their redistribution.
What about the ETF? Continuous net outflow. Institutional funds are inactive, so the market naturally loses its support. Once leverage begins to tighten, price fluctuations will be rapidly amplified, so you will see BTC stuck in that small range around $90,000—wanting to break through, but lacking strength; wanting to fall, but there are buyers at the bottom. A dilemma.
The macro level is even more vague. Interest rate cuts? Possible. Delaying interest rate cuts? Also possible.
The market is now extremely sensitive to any data, and a piece of news can trigger a round of violent fluctuations.
So the current situation is actually very typical: chips are changing hands, emotions are suppressed, and the direction has not yet been determined.
At times like this, maintaining the rhythm is more important than chasing signals.
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