According to André Dragosch (@Andre_Dragosch), renewed tariff uncertainty has acted as a clear downside catalyst for the recent short-term correction in the cryptocurrency market. Dragosch highlights that the market was technically primed for a healthy pullback, which is evident from recent chart trends (source: Twitter, May 23, 2025). This correction may provide traders with a strategic opportunity to accumulate Bitcoin at lower prices, especially ahead of any potential upward momentum toward $200,000. Active traders should monitor macroeconomic headlines and technical support levels to optimize entry points during this period of volatility.

According to Lookonchain on X, a major whale initiated new $BTC short positions through two wallets after Bitcoin's price rally, entering at $94,893 and $94,830.5. The combined short exposure totals $30.7 million, indicating significant bearish sentiment at these price levels. This move suggests traders should monitor for increased resistance near $95,000 and be alert for potential price pullbacks if further whale selling emerges (source: Lookonchain, x.com/lookonchain/status/1915785144335798326).