PANews reported on March 24 that according to Matrixport analysis, Bitcoin is currently trying to break through the downward trend, benefiting from the Fed's slightly dovish attitude and Trump's hint of a more targeted tariff strategy. These changes provide a more constructive environment for the market.
In addition, as the end of the quarter approaches, the selling pressure from arbitrage funds may be easing. Funding rates remain low and most of the selling is nearing its end. Although the current catalysts are not enough to support Bitcoin to set a new all-time high, the market outlook has improved significantly.
