Recently, Bitcoin prices have experienced a significant correction, with multiple underlying reasons behind this trend. First, the Federal Reserve continues to maintain a high Intrerest Rate policy stance, ignoring calls for interest rate cuts from the outside. Second, the international trade environment has become tense again, with new tariff policies raising market concerns. Third, geopolitical risks have suddenly increased, with the nuclear submarine incident drawing international attention. Fourth, changes in the energy market landscape, as certain countries continue to import oil from Russia, have sparked international controversy. Finally, the credibility of U.S. employment data has been questioned, exacerbating political uncertainty.

In addition to these macro factors, the financial markets are also showing signs of instability. A large amount of funds have been withdrawn from ETF products, while individual investors are also experiencing panic selling, further intensifying the selling pressure in the market. From a technical analysis perspective, Bitcoin has fallen below a key support level, making the short-term market trend even more unpredictable. However, it is worth noting that despite the significant short-term fluctuations, the long-term fundamentals of Bitcoin remain relatively stable.

The current market adjustment should be seen as part of the global risk asset revaluation. In this complex and ever-changing environment, investors need to be more cautious and closely monitor changes in the global macroeconomic situation, as well as the potential impacts of various geopolitical events on the cryptocurrency market. At the same time, it is important to recognize that market volatility is the norm, and maintaining a rational and long-term investment perspective is crucial.