Market Trend Analysis
According to Matrixport's daily chart analysis, the demand for Bitcoin options is clearly skewed towards put options. This trend indicates an increased expectation of short-term price corrections among market participants, closely related to recent macroeconomic uncertainties.
Impact of Macro Factors
Trump's proposal to impose high tariffs on European goods has further heightened market uncertainty. Despite rising risk-averse sentiment, Bitcoin's performance has not shown typical safe-haven characteristics.
Market Reaction
With institutional investors tightening their risk exposure and adopting a more defensive stance, Bitcoin prices remained largely flat over the weekend and slightly weakened on Monday. This price behavior reflects short-term risk management by investors in the current environment.
Long-Term Outlook
Despite increased short-term volatility, on-chain and position data suggest that the pace of long-term funds remains relatively stable. This indicates that, while the market faces short-term challenges, the long-term outlook remains positive.