Bitunix Analyst: BlackRock CEO stated that the US may already be in a recession. Coupled with the risk of Trump's tariff resumption, the demand for safe-haven assets is increasing, making the $78.5K Bitcoin support level crucial.

On April 8th: The CEO of BlackRock stated that the majority of entrepreneurs hold the view that the U.S. economy "may have already entered a recession." The tariff policy of the Trump administration is anticipated to exert upward pressure on inflation and may impede the Federal Reserve from cutting interest rates. Fink even predicted that the market could plunge by as much as 20% in the upcoming months. However, he believes that the current level may present a "long-term buying opportunity." Bitunix analyst's recommendation: The majority of investment banks' pessimistic assessment of the economic outlook, along with the imminent high tariffs, is driving the market's risk aversion sentiment. Despite the increased macro risks, BTC has shown a rebound after stabilizing at the 75K level, suggesting some capital inflow. If it can hold above 78.5K, it is expected to further test the 83K resistance; if it fails, it may retreat to the 74K - 73K range.