The cryptocurrency market is likely to find its bottom in the next two months, influenced by ongoing global tariff negotiations. Aurelie Barthere from the Nansen crypto intelligence platform suggests a 70% probability for this bottoming to occur by June. Currently, Bitcoin (BTC) and Ethereum (ETH) are trading significantly below their year-to-date peaks, at 15% and 22% respectively. Market sentiment is fragile, further emphasized by the Crypto Fear & Greed Index remaining above the extreme fear mark. Investors are adopting a cautious ‘wait and see’ approach, with Bitcoin consolidating between $82,000 and $85,000. Key upcoming discussions on tariffs and U.S. economic stability are viewed as critical indicators for market direction. If the outcome of tariff negotiations is favorable, risk assets like crypto may see renewed momentum to mark a bottom, offering potential price recoveries towards $86,500 and $90,000. Overall, confidence in the crypto market depends heavily on the unfolding tariff discussions and macroeconomic signals ahead.

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