Analysis: Bitcoin rebound may fall into the 'bull market trap', 'Liberation Day' may become a key trigger

BlockBeats News: On March 26th, Kirill Kretov, a trading expert at the cryptocurrency trading automation platform CoinPanel, warned that "investors need to be extra cautious in the current environment: the market is still fragile and highly susceptible to manipulation. Retail activity is low, trading volume is thin, and even so-called 'smart money' is on the sidelines. The forces that truly have the ability to drive the market choose to stay put - this is not accidental According to CryptoQuant data, although the price of Bitcoin rose to $88786 on Monday, its funding rate turned negative. This indicates that traders are unwilling to pay a premium for opening new long positions in the perpetual contract market, and there are signs of a cooling demand for leverage. Augustine Fan, a partner at SignalPlus, a provider of cryptocurrency derivatives software, stated that the market direction will become clearer after the key policy milestone on April 2nd: "We expect the soft rebound in the market to continue until the end of the month, and the next important catalyst will be the 'Liberation Day' tariff announcement." With the Trump administration planning to announce a new round of tariff plans on the same day, macroeconomic policy uncertainty may once again become a catalyst for breaking the balance of the cryptocurrency market. (Golden Ten)