Odaily Planet Daily News: Noelle Acheson, the corresponding author of Crypto Is Macro Now, stated that, BTC remains a safe haven, he pointed out: "The short-term price of BTC is determined by the previous round of short-term trading, and in the long run, Bitcoin remains a secure safe haven. At present, the market is in a state of risk aversion, so macro investment portfolios are reducing their positions. There is no new capital inflow needed to initiate the next round of upward movement, which may take some time as both professional and retail investors have high uncertainty.
However, the favorable momentum remains intact, and once the market adapts to the new economic landscape, the inflow of funds into the cryptocurrency market will recover （CoinDesk）
