PANews reported on March 24 that according to Matrixport's analysis, Bitcoin is currently attempting to break through the downward trend, benefiting from the Federal Reserve's slightly dovish attitude and Trump's hint of a more targeted tariff strategy. These changes provide a more constructive environment for the market.

Additionally, as the end of the quarter approaches, the selling pressure from arbitrage funds may be easing. Funding rates have remained low, and most selling is near its end. Although the current catalysts are not yet sufficient to support Bitcoin reaching a new all-time high, the market prospects have significantly improved.