Analysis: Bitcoin's rebound may become a "trap for the bulls," with "Liberation Day" potentially being the key trigger
ChainCatcher news, according to Jinshi reports, the rebound of Bitcoin after hitting a two-week high this Monday is facing the risk of faltering------against the backdrop of ongoing macro uncertainty suppressing market sentiment, this rise lacking volume support increasingly shows characteristics of a "bull trap."
The sluggish bullish momentum, continuously shrinking trading volume, and persistent macro tensions are collectively creating potential bull traps in a "directionless market." Market experts point out that potential tariff escalations, inflation concerns, and geopolitical risks are still exerting pressure on Bitcoin prices.
Augustine Fan, a partner at cryptocurrency derivatives software provider SignalPlus, stated that clarity in market direction requires waiting for the key policy node on April 2: "We expect a soft market rebound to continue until the end of the month, with the next important catalyst being the 'Liberation Day' tariff announcement." As the Trump administration plans to announce a new round of tariff plans on that day, macro policy uncertainty may once again become the fuse that disrupts the balance of the cryptocurrency market.