Firstly, the liquidity injected by TGA will end in April. Secondly, the reciprocal tariff policy of the United States will begin to be implemented from April 1st. At the same time, if the data given in the March dot matrix is not ideal, there will be no opportunity for interest rate cuts in Q2, and investors' expectations will be even more pessimistic, especially in the case of several unfavorable macroeconomic data. Of course, Q2 is not entirely without caution, but it is more focused on Bitcoin, such as the BTC strategic reserves of several states in the United States and the national strategic reserves of the United States, which may appear in the second quarter. However, the benefits are mainly for BTC, and the help for counterfeiting is very low. In addition, Q3 may not be very friendly, and the opportunity is probably in Q4. When the expectation of interest rate cuts returns, investor sentiment will be helpful. Of course, these are predictions in the general direction, which actually need to be matched with the current details. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex