Bitcoin's Recovery Faces Challenges Amid Potential U.S. Stimulus

According to PANews, Matrixport's recent analysis indicates that the current market pullback is nearing a favorable risk-reward zone. The Relative Strength Index (RSI) has recently dipped to 35, a level historically associated with increased technical buying activity, although sustained momentum requires further macroeconomic catalysts. Short-term catalysts include the potential resolution of the U.S. government shutdown this week and U.S. President Donald Trump's suggestion of distributing approximately $2,000 in stimulus checks to the public. This has drawn parallels to the retail investor surge driven by checks in 2020-2021. Overall, given the recent net outflows from ETFs and a period of institutional caution, Bitcoin's rebound strength remains limited. The aforementioned catalysts alone are unlikely to drive a significant trend reversal, necessitating a convergence of financial and fundamental factors for validation.