Original title: "CryptoQuant Warning: Bitcoin rebounds weakly, "bull index hits a new low in two and a half years", with key resistance at $84,000-96,000"

Original author: James, BlockTempo

According to the CryptoQuant Insights report, Bitcoin rebounded after Trump announced a suspension of 90-day peer tariffs, and ETH and XRP declines also narrowed. Despite the market rebound, CryptoQuant's "bull score index" fell to 10, the lowest level since November 2022, and it will need to break through 40 to show a sustained bullish trend.

CryptoQuant pointed out that Bitcoin’s current resistance is between $84,000 and $96,000, and if the rise is weak, the gains will be limited, similar to the trends in the past bear market cycle. Although the suspension of tariffs has eased trade tensions, it has not reversed the on-chain fatigue such as decline in network activity and weak stablecoin liquidity. Bitcoin had plunged 27% earlier this week, the biggest drop in the cycle, showing its vulnerability. CryptoQuant concluded that the trend of the bull market index will depend on whether investor confidence can be rekindled, and the market still needs to remain vigilant.

Santiment: Tariff exemption policy drives currency market rebound

The Santiment report said Trump's tariff exemption policy announced over the weekend stimulated crypto markets to rise, and the pressure on high import costs faced by the tech industry has significantly eased. Bitcoin price rebounded to a weekend high of $85,900, breaking through resistance around $83,000.

Historical data shows that crypto assets such as Bitcoin are often synchronized with tech stocks, especially when investors tend to be risky assets. Good performance in tech stocks often enhance investors' confidence in buying cryptocurrencies, so tariff exemptions indirectly alleviate pressure on the crypto market.

In addition, Santiment pointed out that tariff exemptions for semiconductor and computer components are long-term positive for the crypto ecosystem, and these components are crucial to crypto mining, blockchain infrastructure construction, and AI-driven crypto tool development. If these parts can be continuously supplied and at reasonable prices, it will help the industry to operate stably.

This means that crypto trading platforms, wallet service providers and blockchain technology startups will operate smoother.

Although Trump's trade policy remains complex and unpredictable, Santiment believes that the specific exemption for tech devices provides a clear direction for short-term policies and alleviates pressure on the crypto market. Investor confidence has increased, and inflation risks of consumer electronics have been alleviated, and companies do not need to deal with tariffs by raising prices or cutting innovations.

Santiment concluded that the market has seen a moderate upward reaction and stocks are expected to rise on Monday, further pushing Bitcoin and altcoins higher. However, after the initial reaction, the market will become more uncertain, and Volkswagen's FOMO (miss-phobia) sentiment may suppress the rise.