@dfn Grayscale research director Zach Pandl stated that despite temporary resistance in macroeconomic data, the price outlook remains' structurally bullish '. On January 10th, the US employment report was positive, as the expected pace of interest rate cuts slowed down and the US dollar rose, causing BTC spot prices to fall below $93000. Pandl stated, "Bitcoin seems to be suppressed by the strengthening of the US dollar, which is rising due to the Federal Reserve's more aggressive policies and the threat of tariffs. Today's strong employment report reduces the possibility of a Fed rate cut, further supporting the US dollar and potentially putting temporary pressure on Bitcoin prices. However, with the upcoming inauguration ceremony of the US President, this setback may be short-lived." Zach Pandl added that he still believes that "the outlook for cryptocurrency valuation is structurally bullish. @hupzzz