當美國總統唐納德·特朗普（Donald Trump）計劃在4月2日宣布他的“解放日”宣布他的“解放日”時，加密貨幣市場一直保持在強烈監視之下。

在這幾天，隨著交易者在做出決定之前選擇觀察，比特幣市場表現出限制的定價轉變。

The crypto market stays under intense watch because of macroeconomic uncertainty as U.S. President Donald Trump plans to announce his “Liberation Day” pronouncement on April 2. The tariff announcement set for this Wednesday has put Bitcoin (BTC) and other cryptocurrencies into an anxious conservation state.

由於宏觀經濟的不確定性，加密貨幣市場一直保持在強烈的監視下，因為美國總統唐納德·特朗普（Donald Trump）計劃在4月2日宣布他的“解放日”聲明。本週三的關稅宣布將比特幣（BTC）和其他加密貨幣置於焦慮的保護狀態。

Market participants maintain a defensive stance as prices become volatile while public sentiment remains unstable before the upcoming announcement, which could cause prices to move dramatically.

市場參與者隨著價格波動而保持防禦立場，而在即將發布的公告之前，公眾的情緒仍然不穩定，這可能會導致價格急劇上漲。

Traders are in a wait-and-see mode as the details of the tariffs have yet to be disclosed, said Presto Research Analyst Min Jung.

Presto Research分析師Min Jung說，由於關稅的細節尚未披露，貿易商處於等待狀態。

The Bitcoin market shows slight pricing shifts during these days as traders prefer to observe before making decisions. Market actors are aware that Trump’s tariff announcement during Q1 will generate extensive results because of recent economic and policy changes resulting in market instability.

在這些日子裡，比特幣市場顯示出略有定價變化，因為交易者在做出決策之前希望觀察到。市場參與者知道，由於最近的經濟和政策變化導致市場不穩定，特朗普在第一季度期間的關稅公告將產生廣泛的結果。

The market shows a guarded attitude as trading activities and currency price tiers remain minimized across primary crypto assets. Since market participants maintain neutrality about the upcoming statement, Bitcoin remains confined to a price bracket from $80,000 to $84,000. The cryptocurrency market shows no signs of movement as participants withhold their capital and display limited trading activity among altcoins.

市場表現出一種警惕的態度，因為在主要加密資產中，交易活動和貨幣價格層仍然最小化。由於市場參與者對即將發表的聲明保持中立性，因此比特幣仍然局限於80,000美元至84,000美元。加密貨幣市場沒有任何運動跡象，因為參與者扣留其資本並顯示出有限的山寨幣交易活動。

Image 1- Provided by Emmaculate, published on TradingView, April 1, 2025.

圖像1-由Emmaculate提供，於2025年4月1日在TradingView上發布。

Market analysts attribute this slight period of consolidation to overall market ambiguity. Market players remain skeptical about their investment strategy because they need precise information on the details of the implemented tariff.

市場分析師將這一輕微的合併時期歸因於整體市場歧義。市場參與者仍然對他們的投資策略持懷疑態度，因為他們需要有關實施關稅細節的精確信息。

The market response to the announced tariffs will determine the outcome for cryptocurrencies because a protectionist language will drive them down, while diplomatic messages will result in an upward trend.

市場對宣布的關稅的反應將決定加密貨幣的結果，因為貿易保護主義的語言會推動它們降低，而外交信息將導致上升趨勢。

Trump’s Tariff and Bitcoin: The Macro Link

特朗普的關稅和比特幣：宏觀鏈接

Geopolitical disagreements and economic policy adjustments have consistently affected Bitcoin throughout history. Bitcoin receives conflicting reactions toward economic nationalism through tariffs despite its reputation as an inflation hedge and monetary policy protector. Market reactions to higher tariffs include investors moving funds to established safe assets such as gold and dollars, resulting in cryptocurrencies maintaining lower prices.

地緣政治分歧和經濟政策的調整一直影響比特幣。比特幣通過關稅作為通貨膨脹對沖和貨幣政策保護者的聲譽而對經濟民族主義產生了衝突的反應。市場對較高關稅的反應包括投資者將資金轉移到已建立的安全資產，例如黃金和美元，從而導致加密貨幣維持較低的價格。

The Bitcoin price outlook becomes more complex as time passes. A weakening dollar and rising inflation may favor Bitcoin, as investors may view it as an attractive alternative store of value. Market perception of policy effectiveness, along with the entire economic response and central bank actions, will determine the future course of this narrative. Initially, everyone anticipated Trump’s positive crypto approach would lead to rapid outcomes, but according to Enmanuel Cardozo, the market analysis expert at Brickken, ‘’policies require time to be deployed.’’

隨著時間的流逝，比特幣價格前景變得更加複雜。疲軟的美元和通貨膨脹率上升可能會有利於比特幣，因為投資者可能將其視為有吸引力的價值存儲。市場對政策有效性的看法以及整個經濟響應和中央銀行的行動將決定這種敘述的未來過程。最初，每個人都期望特朗普的積極加密方法將導致快速成果，但是根據布里克肯市場分析專家恩曼紐爾·卡多佐（Enmanuel Cardozo）的說法，“政策要求部署時間。”

Global financial instability and market speculation regarding the future presidential victory affected sentiment concerning risk tolerance and politicians’ campaign benefits. According to Cardozo, ‘’there is a strong possibility of market recovery in the second quarter since the Federal Reserve plans to lower interest rates next quarter, and Trump’s team will implement concrete pro-crypto policies.’’

關於未來總統勝利的全球金融不穩定和市場投機，影響了有關風險承受能力和政客競選福利的情緒。據卡多佐（Cardozo）稱，“自聯邦儲備計劃下一季度降低利率以來，第二季度有很大的市場回收，而特朗普的團隊將實施具體的親克萊托普政策。”

The analyst has added that the rising interest of institutions represents a potential growth catalyst for the market momentum. If the resistance level of $88,668 is successfully broken, the price of Bitcoin might rebound to $100,000.

該分析師補充說，機構的利益不斷上升代表了市場動力的潛在增長催化劑。如果成功損失了88,668美元的電阻水平，則比特幣的價格可能會反彈至100,000美元。

Scenarios to Watch: Market Outcomes After Liberation Day

觀看的場景：解放日後的市場結果

Traders in the crypto market analyze various potential situations due to Trump’s unpredictable policy statements. In this case, trade restrictions focus only on select industry segments and trading regions. A decrease in market-caused anxieties would follow a risk asset rally that could push Bitcoin toward reclaiming the $85,000 level.

由於特朗普的不可預測的政策聲明，加密貨幣市場中的貿易商分析了各種潛在情況。在這種情況下，貿易限制僅關注精選行業領域和貿易區域。市場引起的焦慮的減少將遵循風險資產集會，這可能會推動比特幣恢復85,000美元的水平。

Technical Bitcoin levels have become the main focus for traders to watch. The price falling beneath the $80,000 support area threatens to initiate a substantial price drop towards $76,000. With macroeconomic conditions favoring risk-on investments, Bitcoin’s renewed bull formation should start above $84,000.

技術比特幣水平已成為交易者觀看的主要重點。價格下方的價格下降了80,000美元的支持區，威脅要啟動大幅下跌至76,000美元。由於有利於風險投資的宏觀經濟條件，比特幣的新牛形成應從84,000美元以上開始。