Crypto trading platform BitMEX co-founder Arthur Hayes, after betting yesterday that Bit would break through $110,000 due to the Fed's quantitative easing (QE) before dropping to $76,000, posted on X this afternoon, saying: "I believe ETH will first rise to $5,000, followed by SOL reaching $300. Who supports me?"
Bit short-term strong rebound, tariffs and policy uncertainty gradually released
After the Fed decided to freeze interest rates and slow down the balance sheet reduction last week, Bit price rebounded below $83,000, briefly breaking through $88,000 last night. 21st Capital co-founder Sina G. pointed out:
The previously concerned tariffs and government spending uncertainty are expected to be resolved in the coming weeks. If policy focus shifts to tax cuts, regulatory relaxation, and interest rate cuts, funds may flow massively into the crypto asset market.
Nansen senior analyst Aurelie Barthere also noted:
The U.S. government, especially the Treasury Secretary, is taking a more pragmatic stance on tariff issues, which helps reduce policy risks.
Bit ETF capital inflow warms up, investors continue to 'HODL'
10x Research founder Markus Thielen also said that Bit may have completed a partial correction and is currently in a rebound phase. Besides policy benefits, he specifically pointed out:
The U.S. spot Bit ETF recorded about $744 million in net inflows last week, with BlackRock contributing $537 million, showing mainstream capital is still optimistic about medium to long-term prospects.
Crypto analyst Ali Martinez added:
In the past month, Bit chain transfer volume dropped sharply from $87 billion to $42 billion, reflecting market participants shifting to a 'holding' strategy and reducing selling pressure.
Market potential risks still exist
However, despite the increasingly optimistic market sentiment, some experts warn: Quantitative tightening is not over. IntoTheCryptoVerse CEO Benjamin Cowen stated:
QT will not completely stop on April 1st. Mortgage-backed securities still have about $35 billion maturing monthly, just slowing down from $60 billion to $40 billion.
