Analyst: Short-term market pain may be exaggerated, pay attention to the policy direction of the new SEC chairman

Mars Finance News, on April 11, according to The Block, the year-on-year CPI increase in March dropped to 2.1%, creating the largest monthly decline since 2020, providing space for the Federal Reserve's potential policy shift in May. BRN analyst Valentin Fournier noted, "Easing inflation pressure may prompt the Federal Reserve to cut interest rates and relax financial conditions. After yesterday's CPI data release, Bitcoin stabilized at $80,000, but spot ETFs have experienced net capital outflows for six consecutive days, the longest streak since February, reflecting market difficulty in maintaining bullish momentum. However, the positive side is that Wall Street crypto funds may be about to welcome a capital inflow, with multiple favorable factors converging, including inflation cooling, tariff peaks, and regulatory relaxation expectations from the new SEC Chairman Paul Atkins." While the market digests inflation-related good news, the US bond market is sending warnings. The US 10-year Treasury yield broke through 4.5%, reaching a new high since 2022. Bond yield and price have an inverse relationship, and the yield surge reflects investors' deep concerns about government debt repayment capabilities. Douro Labs CEO Mike Cahill stated via email: "The complex landscape of low inflation data, bond market collapse, and 90-day tariff suspension exposes structural imbalances in the global economic system." Despite the Trump administration's announcement of a 90-day tariff suspension, market concerns remain unresolved. Amberdata Research Director Mike Marshall pointed out: "The soothing effect of tariff suspension is severely overestimated, and the current trade war intensity continues to escalate. This policy uncertainty is reshaping capital flows, and long-term predictions suggest funds will shift from fragile bond markets to digital asset domains with practical utility and programmable stability." Facing the dual signals of inflation cooling and bond market crisis, the Federal Reserve's decision-making is wavering. BRN analyst Valentin Fournier believes short-term pain might be exaggerated, and trade tensions have room for positive mediation, with potential breakthrough progress in the coming weeks. However, the market is more focused on structural changes—the policy orientation of the new SEC chairman could be a critical variable, and if the promised "crypto-friendly regulatory framework" is implemented as expected, it may inject institutional confidence into the crypto asset market.