PANews reported on April 11 that according to The Block, the crypto market calmed down after the release of CPI data on Thursday. The report showed that the overall inflation rate in the United States fell last month, the first significant decline since 2020 and 2021. BRN analyst Valentin Fournier said that although the March data did not take into account the latest tariff rebound, the Federal Reserve may "cut interest rates and ease financial conditions" in May, which may boost assets such as Bitcoin. Fournier also speculated that Wall Street crypto funds may soon usher in a large influx of funds. He said that positive factors such as easing inflation, peaking tariffs, and the appointment of a new SEC chairman have converged. Although volatility is still high, the risk of a long-term downturn is limited, and the short-term impact of Sino-US trade tensions may be exaggerated. However, some experts pointed out that the March CPI may have limited impact on the Fed's decision-making due to tariffs and trade wars. Mike Cahill of Douro Labs said that the collapse of the bond market, the cooling of inflation, and the postponement of tariffs are not macro resets, but signals of structural imbalances, and the global system is still under pressure. Mike Marshall, head of research at Amberdata, believes that the long-term macro backdrop for cryptocurrencies remains bearish due to the turmoil in traditional finance.