The main reason BTC was able to rise this morning is almost entirely due to investors' trust in the Trump administration, rather than the narrative surrounding BTC itself. More importantly, it is because the US stock market is currently closed, liquidity is not very good, and the trading volume has not significantly increased compared to a traditional weekend.

Of course, I'm not saying that BTC will necessarily drop next, but BTC's rise and fall will still be highly correlated with the US economy, politics, tariffs, and monetary policy. The current rise is likely not representative of a very good outcome in the short term. Of course, I could be wrong; this is not a reason to open a position.

Currently, BTC is still event-driven.