ChainCatcher message, trader Ansem posted on X: "I believe Bitcoin is entering a very bad phase, and it looks like it will crash, but it won't go as low as $91,000 to $92,000.Consider going long before Trump's inauguration to see if the market is overreacting to the Fed's hawkish comments and the fear of a potential sell-off by the Justice Department."Later, Ansem stated in response to a netizen: "It is certain that this uncertainty and fear may dissipate after Trump's inauguration, depending on Trump's remarks."

ChainCatcher message, trader Ansem posted on X: "I believe Bitcoin is entering a very bad phase, and it looks like it will crash, but not down to $91,000-$92,000.Consider going long before Trump's inauguration to see if the market overreacts to the Fed's hawkish comments and the fear of potential sell-offs from the Department of Justice." Later, Ansem stated in response to a netizen: "One thing is for sure, this uncertainty and fear may dissipate after Trump's inauguration, depending on Trump's remarks."

ChainCatcher message, on-chain data analysis platform Glassnode analysis shows that the speculation enthusiasm in the Bitcoin futures market is weakening. The medium-term trend line (30-day moving average) has slightly declined after peaking, and the short-term trend line (7-day moving average) has fallen below the medium-term line, indicating that traders are gradually closing positions amid increasing market uncertainty.

ChainCatcher news, Moody's senior economist Katrina Ell stated that Trump's announcement on social media regarding tariffs on major trading partners serves as a reminder of how much volatility his presidency could bring to the markets.She mentioned that, in fact, there was no preparation before Trump announced the policy, which caused significant anxiety in the markets. We do not know what will ultimately happen. No one can determine when Trump's campaign promises will be fulfilled. But it is certain that we are heading towards a high degree of uncertainty. People hope that if countries like Mexico and Canada address the issues to some extent, trade tensions may ease. If they choose to show strength, things will escalate, and Trump will double down, which will have a greater ripple effect on other economies. (Jin Ten)

ChainCatcher news, the analysis and research platform Block Scholes stated in a new report that the implied volatility levels of Bitcoin and Ethereum options have significantly increased across different expiration dates. This surge is particularly evident in short-term options, indicating a rise in recent uncertainty.Analysts noted that the derivatives market is clearly leaning towards out-of-the-money put options for Bitcoin and Ethereum in the short term. As spot prices struggle to recover from recent declines, this trend suggests an enhanced bearish outlook in the short term. Some aggressive traders may look to buy call options expiring at the end of September, when uncertainty is expected to ease.