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BTC rebound or reversal, how to understand it?
Currently, it has been fluctuating between 81,500 and 85,000. Even with some Favourable Information released on the 20th, and Trump’s speech (which the market really didn’t want to hear), it couldn't break through. The main concerns are still the tariffs in April and the developments in the Russia-Ukraine situation.
There’s only one week left this month, and it's estimated that it won't stir up big waves. We still need to watch Trump's situation regarding tariffs.
In April, if Trump's tariff policies can ease a bit, the reactions won’t be that significant. March inflation is also manageable, and if Russia-Ukraine further releases a halt, then market sentiment will be boosted, and #BTC price will rise. Even so, it would merely be a rebound.
Even if we can anticipate interest rate cuts in advance, like in June or even May, there are still economic and employment issues involved.
As for a reversal, it directly requires tangible monetary easing to arrive, which is not here yet.#Weekend Market Analysis