As expected, today the US stock market and Bitcoin both experienced a slight pullback. On one hand, the released tariff information has gradually lost its sensitivity, and on the other hand, there hasn't been any new positive information released. It is quite normal to see a short-term pullback after a retaliatory surge, especially with the weekend approaching, as the market's attention has shifted back to the US economy.

Currently, the economic outlook is not very friendly; at least the expected GDP is not looking good. The GDP data will be released on April 30, and whether the results are true or false is not important, nor is it necessary to get caught up in it. As long as the Federal Reserve and the White House recognize this GDP data, that is sufficient.

Before the GDP is released, my personal view is still that we will see fluctuations, with a rebound rather than a reversal. The time for a bull market may not have arrived yet.

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