Odaily Planet Daily News: The rebound of Bitcoin, which hit a two-week high on Monday, is facing the risk of collapse. Against the backdrop of continued macroeconomic uncertainty suppressing market sentiment, it is showing the characteristics of a "trap for attracting more", with potential tariff upgrades, inflation concerns, and other factors still suppressing Bitcoin prices.
CryptoQuant data shows that the price of Bitcoin rose to $88786 on Monday, but the funding rate turned negative, indicating that traders are unwilling to pay a premium for opening new long positions in the perpetual contract market, and there are signs of a cooling off in leverage demand. SignalPlus partner Augustine Fan pointed out that the clear direction of the market needs to wait for the key policy node on April 2nd, and the next important catalyst will be the "Liberation Day" tariff statement. With the Trump administration planning to announce a new round of tariff plans on that day, macro policy uncertainty may once again become the trigger for breaking the balance of the cryptocurrency market. (Businesstime)