Matrixport: Tariff Uncertainty to Persist in Coming Days, 21-Week Moving Average Key Indicator of Bull Market

BlockBeats News, February 3rd, Matrixport released today's market insights, stating that although the market had long anticipated Trump's tariff policy, it still came as a surprise. This may be because last week the market's attention was mainly focused on DeepSeek rather than Trump's policy. However, more importantly, retail investors have been less involved in this market correction. With tariff uncertainty expected to persist in the coming days, this uncertainty is impacting the current market adjustment.

A simple and effective way to judge whether Bitcoin is still in a bull market is to observe the 21-week moving average, which has always been regarded as an important indicator for observing the overall market trend. As long as Bitcoin remains above this level, the bull market still exists. However, if it falls below this level, traders should implement risk management strategies.