Last week, for five working days, Bitcoin ETFs were all in a net inflow state, with a total inflow of $740 million. This represents a market rebound, ending the selling and starting the buying.

The dot plot shows that there will be two rate cuts this year, 50 basis points each, and two rate cuts in 2026, 50 basis points each (3.25-3.5), with a target rate of 3%. This indicates that both this year and next year are in a rate-cutting cycle, and both fall within the term of crypto president—Trump, thus maintaining a long-term bullish strategy.

This Friday, core PCE data will be released, with a previous value of 2.6 and an expectation of 2.7, which is considered bearish. Next Friday, non-farm payrolls and unemployment rates will be released, with no expectations at this time.

On April 2nd, the U.S. will fully increase tariffs. It is still unknown whether the affected countries will retaliate against the U.S. by imposing counter-tariffs, and the impact on the U.S. economy is also uncertain, so the market remains cautious and difficult to truly take off.

Recently, Bitcoin's volatility is at a two-year low, with a small distribution of chips in the 80,000-90,000 range. Therefore, both downward and upward movements are very easy, so the overall direction should still be based on trends.