PANews reported on March 26 that according to The Block, K33 analysts said that although the cryptocurrency market has been in a calm upward trend in the past few weeks due to the US government's statement showing a moderate attitude towards tariffs and a slightly dovish stance of the Federal Reserve, there are still eight days to go before President Trump's "Liberation Day", and the market volatility caused by tariffs may further intensify. However, the most serious de-risking phase of BTC seems to have ended, and the market is now returning to a wait-and-see attitude, but some traders are slightly optimistic and remain relatively passive and defensive, not completely bullish.

Analysts believe that if Trump softens his stance, the market could rebound. If he continues to be vague, volatility could affect both long and short positions; if he takes a hard line, there could be a sharp drop - similar to past tariff-related declines.