Analyst: Despite increasing global uncertainty, there is still a possibility of a short-term rebound in the cryptocurrency market

Odaily Planet Daily News: Analysts said that the sell-off in the cryptocurrency market on Monday was mainly driven by global macro factors, rather than problems with the cryptocurrency market itself. The escalation of tariff conflicts, frequent geopolitical hotspots, and conflicting macro signals are all converging. Although we are currently in a period of increasing global uncertainty, BRN analyst Chu said that oversold conditions may trigger a rebound this week, depending on the upcoming economic data. As risk assets become increasingly oversold in the short term, there may be some short-term relief in the next one or two days. With the release of the Federal Reserve FOMC meeting minutes on Wednesday, the release of US CPI and initial jobless claims on Thursday, and the release of PPI and Michigan University consumer confidence and inflation expectations data on Friday, the market may experience a "Dead Cat Bounce" that lasts for at least a few weeks and may begin as early as Wednesday. （ The Block ）