BlockBeats News, April 8th: BlackRock's CEO stated that the majority of entrepreneurs believe that the U.S. economy "may have already entered a recession." The Trump administration's tariff policy is expected to exert upward pressure on inflation and may hinder the Federal Reserve from cutting interest rates. Fink even predicted that the market could plummet by as much as 20% in the coming months, although he believes that the current level may present a "long-term buying opportunity."
Bitunix analyst's recommendation:
Most investment banks' pessimistic assessment of the economic outlook, coupled with the imminent high tariffs, is driving market risk aversion sentiment. Despite the increased macro risks, BTC has shown a rebound after stabilizing at the 75K level, indicating some capital inflow. If it can hold above 78.5K, it is expected to further test the 83K resistance; if it fails, it may retreat to the 74K - 73K range.
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