🚨🚨Bull Trap?🚨🚨

Possible tariff escalations and inflation concerns continue to put pressure on Bitcoin prices. Data from CryptoQuant shows that although the price of Bitcoin rose to $88,786 on Monday, funding rates turned negative, indicating that traders are unwilling to pay premiums to open new long positions in the perpetual contracts market, signaling a cooling demand for leverage. Augustine Fan, a partner at SignalPlus, noted that clarity in market direction needs to wait until the key policy node on April 2. The next major catalyst will be the tariff statement on "Liberation Day"; with the Trump administration planning to announce a new tariff plan that day, macro-political uncertainty may once again become a spark that destabilizes the balance in cryptocurrency markets.