On April 4, the latest investment research from Matrixport showed that despite the stock market adjustment, the market's response to the new tariff announcement by US President Trump was relatively mild. This indicates that there is currently no comprehensive "risk withdrawal" event. Bitcoin's price is pausing at an important resistance zone around $90,000, with relatively low buying interest.
The neutral stance of the US Federal Reserve (Fed) and the narrowing of basic and funding ratios suggest that selling pressure may decrease. The upcoming US earnings season and the recent decline of the ISM production index to a contracted level could weaken the market.
Bitcoin's option skew ratio once spiked to 20%, reflecting the market's downside protection demand near $80,000. However, as trade concerns gradually diminished, this ratio dropped to 9%. Matrixport believes that Trump could stabilize market sentiment through policies such as tax cuts or regulatory reductions.
This could create a more favorable investment environment for production repatriation plans. Market sentiment changes could trigger moderate buying. Investors should pay attention to the potential impact of trade policies on the cryptocurrency market.
This content is for informational market purposes only and does not constitute investment advice.
