Odaily reports that Bitfinex has released a report stating that the price of BTC has been stagnant in the range of $91,000 to $102,000, entering a consolidation phase that has lasted over 75 days. However, this prolonged range fluctuation reflects the increasing maturity of BTC as an asset, with its annualized actual volatility reaching a historical low. Nevertheless, BTC remains sensitive to macroeconomic developments, particularly when Trump announced tariffs on Mexico and Canada, leading to a significant price drop. Recent trends indicate that BTC is increasingly viewed as a risk asset rather than a pure store of value. Its correlation with the S&P 500 index remains strong, while its correlation with gold has weakened. Bitfinex expects the range fluctuation of BTC to continue in the near term and may face downward pressure if macroeconomic conditions deteriorate. However, despite the continued rise of gold and the changing sentiment of institutions towards BTC, the narrative of BTC as a store of value remains intact in the long run.