Matrixport: The core driving factors for the next round of Bitcoin market trends are still unclear, but a new wave of pump momentum is gradually forming.

[Matrixport: The core driving factors of the next round of Bitcoin market are still unclear, but new upward momentum is gradually forming] Matrixport released a weekly report stating that the U.S. economy continues to show strong resilience. The narrowing of credit spreads has lowered corporate refinancing costs and alleviated tariff impacts to some extent. Against this backdrop, companies are accelerating the adoption of artificial intelligence to improve operational efficiency, providing additional support for risk assets. Historical data shows that the narrowing of credit spreads is often accompanied by a strengthening of the stock market and Bitcoin, and these factors together enhance the likelihood of the continuation of this round of Bitcoin market. The core risk of the current trend still lies in inflation. Although the inflation rate remains above the target, our model predicts it will drop below 2.0% in the coming quarters, indicating that the Federal Reserve is expected to extend the easing cycle. This judgment diverges from mainstream market expectations, which generally believe that fiscal injections and de-globalization will keep inflation elevated for a longer duration. However, considering the backdrop of continuously declining energy prices and falling housing costs, the likelihood of inflation remaining above 3.0% in the long term is low. Although the core driving factors for the next round of Bitcoin market conditions have not yet been clarified, a new round of rising momentum is gradually taking shape.