On April 1, Presto research analyst Min Jung said: "Currently, the market is in a wait-and-see mode, as the tariff details have not been disclosed. Investors' sentiment is mixed, and some investors believe the impact may not be as severe as initially worried, viewing the recent decline as a potential "buy on dips". However, many traders still choose to stay on the wait-and-see until the situation becomes clearer. The next move of the market will largely depend on the tone and content of the actual announcement."

"Everyone expects Trump's stance to support cryptocurrency will have immediate effect, but the reality is that the policy will take time. Global economic uncertainty has fueled a risk-averse atmosphere everywhere, and by the end of 2024, the market has digested Trump's expectations of winning. However, the second-quarter economic recovery is "certainly possible", with the Federal Reserve generally expecting a rate cut in the second quarter, and Trump's team will also come up with more concrete results in supporting cryptocurrencies. With the increase in institutional funding flows, the momentum may increase, and if Bitcoin breaks through the $88,668 resistance level, it may test $100,000 again, but if macroscopic factors stagnate, the possibility of a decline is not high."

Note: Trump is expected to announce corresponding tariff measures at 3 pm on Wednesday (3:00 am Beijing time the next day). Several "large-scale tariffs" have been announced.