Matrixport: The correlation between Bitcoin and global liquidity continues to strengthen, with recurring and tradable volatility windows appearing in the market.

Foresight News reported that Matrixport tweeted, "President Trump's latest round of tariff threats should be understood less as trade policy and more as a strategic tool to extract concessions through creating volatility. The market has gradually figured out this rhythm: news shocks first trigger price repricing, and when liquidity tightens, sell-offs are amplified; once negotiation signals appear, prices tend to stabilize quickly and trading returns to a relatively orderly state."

The correlation between bitcoin and global liquidity continues to strengthen, and it has gradually become the most sensitive pricing asset in this cycle, acting more like a high-beta proxy for global liquidity rather than a traditional macro hedging tool. Judging from the current performance, this round of volatility looks more like a repricing at the trading level caused by external disturbances, rather than a structural weakening of the fundamentals of crypto assets. On the contrary, the market repeatedly presents volatility windows that can be captured, and disciplined investors can benefit from these opportunities. Meanwhile, other risk assets remain relatively resilient, and the market's marginal response to tough statements is also diminishing. Therefore, this round of decline may be more of a tactical correction; the implications for positions should not be interpreted solely from short-term news, but should also consider changes in pricing and liquidity structure. Implied volatility has not risen significantly, which also raises the question: is bitcoin's weight as a 'risk sentiment barometer' declining?"