On April 16, Federal Reserve Chairman Powell will speak at the Chicago Economic Club later today to provide clues on the overall tone of U.S. monetary policy, according to The Block. Earlier, Fed Director Waller said that if the United States re-implements a large-scale high-tariff policy on "Liberation Day", the Federal Reserve will seriously consider reducing interest rates.

CoinPanel senior automation expert Kirill Kretov said market volatility will continue until the overall macro situation is clear. But he also pointed out that the current price fluctuations are not decisive. "We are in a period of geopolitical tension, economic fragility and overall risk aversion. These sudden rises and falls are often just 'noise', and the market is trying to wash away unsteady investors. This has little to do with fundamentals or technical graphics, but more on emotions and narrative dominance."

Paul Wincent, senior director of Wincent, also expressed a similar view, adding that the short-term trend generally performed smoothly in the absence of macro-influence and did not reveal pessimistic signals. If macro factors are aside, crypto assets will still be consolidated in the range this week.

The founder of Coin Bureau believes that Bitcoin’s current mild callback may be a positive signal. "A short-term downward and backtesting the $81,000 support level will be a healthy trend, and as long as Bitcoin remains above this critical level, it may mean that prices have a basis for a sustainable rebound, and now we can only pray that President Trump will not suddenly issue a new policy that will hit the market."