Opinion: Bitcoin's next major catalyst could be the US tariff announcement on April 2

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ODAILY
03-26
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Planet Daily News: Bitcoin's rebound this Monday after reaching a two-week high is facing the risk of collapse, showing a "bull trap" characteristic under the continued suppression of macro uncertainty, with potential tariff escalations and inflation concerns still weighing on Bitcoin's price. CryptoQuant data shows that while Bitcoin's price rose to $88,786 this Monday, the funding rate turned negative, indicating traders are unwilling to pay a premium for opening new long positions in the perpetual futures market, with signs of cooling leverage demand. SignalPlus partner Augustine Fan pointed out that market direction clarity will require waiting for the key policy node on April 2nd, with the next important catalyst being the "Liberation Day" tariff announcement, as the Trump administration plans to announce a new round of tariff plans, macro policy uncertainty may once again become the trigger breaking the cryptocurrency market's balance. (Businesstime)

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