Analyst: The market is currently awaiting the implementation of Trump's tariffs. A Q2 rebound is entirely possible.

BlockBeats News, April 1st, Presto research analyst Min Jung said: "Currently, the market is in a wait-and-see mode because the details of the tariffs have not been disclosed. Investor sentiment is mixed, with some investors believing that the impact may not be as severe as initially feared, seeing the recent dip as a potential 'buy the dip' opportunity. However, many traders still choose to remain cautious until the situation becomes clearer. The market's next move will largely depend on the tone and content of the actual announcement."

Brickken market analyst Enmanuel Cardozo said: "Everyone expected Trump's pro-cryptocurrency stance to take immediate effect, but the reality is that policy implementation takes time. Global economic uncertainty has fueled a risk-off atmosphere worldwide, and by the end of 2024, the market had already priced in expectations of a Trump victory. However, second-quarter economic recovery 'is definitely possible,' with the Fed generally expected to cut rates in the second quarter, and Trump's team will also deliver more specific results in supporting cryptocurrency policy. With the increase in institutional fund inflows, momentum may strengthen. If Bitcoin breaks through the $88,668 resistance level, it may test $100,000 again, but if macro factors stagnate, the likelihood of a downturn is also not high."

BlockBeats Note: Trump is expected to announce corresponding tariff measures on Wednesday afternoon at 3 PM (3:00 AM Beijing time the following day). The announcement will involve several "large-scale tariffs."