PANews reported on April 4 that according to CryptoQuant data, before Trump's speech, Bitcoin, Ethereum and XRP funds poured into exchanges, indicating that investors intended to cash out. Bitcoin single-block transaction volume once reached 2,500 BTC, Ethereum flowed into exchanges up to 80,000 ETH per hour, and XRP flowed into Binance up to 130 million coins in one hour, far exceeding the level of less than 10 million per hour the day before. In addition, Coinbase in the United States also observed an increase in Bitcoin deposits, especially funds from large holders.

CryptoQuant pointed out that economic uncertainty has led investors to close long positions and take profits, and the demand for Bitcoin and Ethereum in the perpetual futures market has declined. The market is currently focusing on the US non-farm payrolls report to be released on Friday, which will provide insights into the economic health of job growth, unemployment trends and wage changes, or provide support for the market's short-term rebound.