On April 1st, Presto research analyst Min Jung stated: "Currently, the market is in a wait-and-see mode, as tariff details have not yet been disclosed. Investor sentiment is mixed, with some investors believing the impact may not be as severe as initially feared, viewing recent declines as potential 'buying opportunities'. However, many traders still choose to remain cautious until the situation becomes clearer. The market's next move will largely depend on the tone and content of the actual announcement."
Brickken market analyst Enmanuel Cardozo said: "Everyone expected Trump's support for cryptocurrencies to take immediate effect, but the reality is that policy implementation takes time. Global economic uncertainty has fueled a risk-averse atmosphere, and by the end of 2024, the market has already digested the expectation of Trump's victory. However, economic recovery in the second quarter is 'certainly possible', with the Federal Reserve generally expected to cut rates within the second quarter, and Trump's team likely to produce more concrete results in supporting cryptocurrency policies. As institutional fund flows increase, momentum may strengthen, and if Bitcoin breaks through the $88,668 resistance level, it may test $100,000 again, but if macro factors stagnate, a significant decline is unlikely."
BlockBeats Note: Trump is expected to announce corresponding tariff measures on Wednesday at 3 PM (3:00 AM Beijing time the next day), announcing several "large-scale tariffs".
