Med
Trump's announcement of a us strategic bitcoin reserve, while acknowledging crypto's role, disappointed traders due to the lack of immediate bitcoin purchases. this led to etf outflows and a drop in bitcoin's spot price and futures contracts.
High
The analysis is based on data from farside investors, google finance, and the cme, along with expert opinions from bitget wallet, wanchain, morningstar, bitwise, and altcoin daily.
Bearish
The immediate market reaction was negative, with bitcoin's spot price dropping and significant etf outflows, suggesting bearish sentiment in the short term.