According to @godbole17, BTC and US stocks moved higher following Jerome Powell's comments, showing a positive market reaction; source: @godbole17. For long positions in BTC, the guidance is to wait until price climbs back above the 50-day simple moving average before entering; source: @godbole17.

According to The Kobeissi Letter, on April 2nd, stocks initially rallied into the market's close as investors anticipated lighter tariff announcements. Following the announcement of a 10% baseline tariff, the rally continued. However, stocks collapsed shortly after as additional reciprocal tariffs were announced, indicating significant market volatility and the impact of trade policies on trading decisions.