On April 1st, the New York Fed Chairman stated in an interview that the current monetary policy remains "moderately restrictive", with high interest rates exerting downward pressure on inflation, but inflation still carries the risk of heating up. He emphasized that the Federal Reserve will continue to observe economic data before deciding whether to adjust interest rates. Additionally, Goldman Sachs raised the probability of a US economic recession from 20% to 35%, further intensifying market uncertainty about the timing of Fed rate cuts, with risk sentiment rising and causing short-term pressure on risk assets like BTC.
Bitunix analyst suggests: If BTC stabilizes above $82,500 in the short term, it may further test $85,000. If BTC maintains support at $75,000 long-term and forms a bottom structure, a new round of rebound may occur in April-May. Investors are advised to pay attention to market liquidity changes, control leverage and positions, and seek better entry opportunities after the Federal Reserve's policy direction becomes clearer.
