On the first day of April, the market's sentiment underwent repeated tests. Although cryptocurrencies led by Bitcoin performed well in the past two days, the response from the U.S. stock market on Tuesday was not very friendly. Stock index futures slightly declined before the market opened, and the market opened lower. After the PMI data was released, there was a slight rebound in the U.S. stock market, but the rebound was not very strong, and tariffs continue to test investors' patience. Before the U.S. stock market closed, the three major stock indices all experienced pullbacks, indicating the market's uncertainty regarding tariffs.
It's not just a tariff issue; today, GDPNow provided the latest forecast for the U.S. GDP in the first quarter of 2025 at -3.7%, a significant increase from -1.8%, more than doubling. Although GDPNow's data is not always accurate, if such a drastic change in GDP data is true, the U.S. economy may indeed face problems.
Compared to tariffs, GDP data is more troublesome, and the final outcome of tariffs is still unclear. Today, Israel canceled tariffs on the U.S., and last week India reduced U.S. tariffs by 55%. These can be seen as gains from tariffs, but tariffs on Canada, Mexico, and Europe remain a key focus affecting the market. At 5 AM Beijing time on April 3, Trump will officially announce the tariff issues.
Looking at Bitcoin's own data, the number of investors trading has slightly increased, concentrated among short-term investors. It is estimated that the rising prices have led many investors to take profits and exit, but more investors still have their positions at a cost below $90,000. While there is no panic, this group of investors is likely exiting to avoid tariff risks.
Overall, investors' sentiment appears to be relatively normal, with no signs of panic. Everyone is quietly waiting for April 2 to arrive. Investors holding between $93,000 and $98,000 are still maintaining a slight reduction in holdings, which has little impact on prices.
Friends should still note that the current trend does not align with a reversal.
This post is sponsored by @ApeXProtocolCN | Dex With ApeX
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。