HTX DeepThink: The policy is good but the funds are tight, and Bitcoin may remain volatile in the short term

PANews
PANews
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PANews reported on June 5 that Chloe (@ChloeTalk1), a researcher at HTX Research, pointed out in this column that the current crypto market is in a delicate stage of "policy-friendly and tight funds". On the one hand, the policy side continues to be favorable, with legislation such as stablecoin regulation, the Token Act and tax exemptions progressing smoothly, institutions continuing to buy BTC to form long-term support, and the cooling of core inflation has led to an increase in the expectation of interest rate cuts during the year. But on the other hand, U.S. Treasury yields bucked the trend, with the 30-year yield rising to 5%, close to the 2023 high.

For altcoins, Chloe said that due to high volatility and lack of structural support, the risk of systemic correction may be higher than that of mainstream currencies.

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