after the Fed announced a slowdown in balance sheet reduction, Bitcoin rebounded from below $83,000 and briefly broke through $88,000. Some analysts believe that market volatility may soon calm down, and many bearish factors may have already been digested by the market. Sina G., co-founder of 21st Capital, said that market uncertainties surrounding tariffs and government spending may be resolved in the coming weeks, with market focus shifting to tax cuts, regulatory relaxation, and interest rate cuts, which may attract more capital inflow into the Bitcoin and digital asset space.

Aurelie Barthere, chief research analyst at Nansen, also stated that tariff-related uncertainties may be easing, and the U.S. government, especially Treasury Secretary Benson, has taken a more pragmatic approach in tariff negotiations.