CoinEx Daily: Bitcoin Remains in Range; Tariff Policy Delayed

Overview

BTC remains in a consolidation range; U.S. President Trump states that tariffs on many countries are expected to remain unchanged, with no exemptions or reductions anticipated. According to CNBC, President Trump’s tariff policy will be delayed and may begin on April 1.

Daily Macro

• Bitcoin Market: Bitcoin continues to trade within a range; the altcoin market shows slight recovery.

• Bitcoin ETF: A net outflow of $183 million yesterday.

• Ethereum ETF: A net inflow of $0.8M yesterday.

• Macro Economic Data: U.S. January core PCE index is expected to be much lower than yesterday’s CPI increase, as the PPI components (financial and healthcare sectors) for the PCE index were weak in January. If the core PCE increases by 0.27% month-over-month in January, the annual core PCE rate will drop from 2.8% to 2.6%.

Daily Focus

ETH

• Reason to focus: The Ethereum Foundation has officially deployed 10,000 ETH to Spark, 10,000 ETH to Aave Prime, 20,800 ETH to Aave Core, and 4,200 ETH to Compound. More actions, including staking exploration, are planned.

• Relevant Token Performance (24H): ETH: +30%

• Market Analysis: This action by the Ethereum Foundation, often criticized for being detached from the community, has bolstered confidence within the community.

Next Focus

Broccoli

• Reason for Attention: CZ posted a photo of his pet dog, Broccoli, on social media. CZ stated that he’s only sharing a photo of the dog and name, not intending to release his own meme coin. Whether to issue one will be decided by the community (or not decided). He might interact with some popular meme coins on the BNB chain (BSC).

• How to Participate: Many tokens with the same name exist, but the leader of the Broccoli token is yet to be established.