Bitcoin prices remain stable around $92,000, with analysts noting that strong ETF capital inflows offset short-term macro volatility, despite US-EU trade tensions triggering over $865 million in liquidations. Some believe this is the "early stage of risk appetite rotation," while others warn that volatility may dominate as investors seek downside protection. Key catalysts for ongoing market turbulence include the escalating Greenland dispute, the lack of clarity in cryptocurrency regulatory policies, and the Supreme Court's upcoming ruling on global tariffs.