On April 4, according to CryptoQuant data, before Trump's speech, Bitcoin, Ethereum and XRP funds poured into the exchange, indicating that investors intended to cash out. The transaction volume of a single block of Bitcoin once reached 2500 BTC, Ethereum flowed into the exchange reached 80,000 ETH per hour, and XRP flowed into 130 million coins in Anda within an hour, far exceeding the daily level of less than 10 million per hour. In addition, Coinbase in the United States also observed an increase in Bitcoin deposits, especially funds from large holders. CryptoQuant pointed out that economic uncertainty has caused investors to close long positions and take profits, and demand for Bitcoin and Ethereum in the perpetual futures market has declined. Markets are currently focused on the U.S. non-farm payrolls report due on Friday, which will provide insights into the economic health of job growth, unemployment trends and wage changes, or provide support for a short-term rebound in the market.