Golden Finance reported that Zach Pandl, head of research at Grayscale, said that despite temporary headwinds in macroeconomic data, the price outlook remains "structurally bullish." On January 10, the U.S. employment report was positive, the U.S. dollar rose due to expectations that the pace of interest rate cuts would slow down, and the BTC spot price fell below $93,000. Pandl said: “Bitcoin appears to have been restrained by the strength of the U.S. dollar, which has risen due to more hawkish policies from the Federal Reserve and the threat of tariffs. Today’s strong employment report reduces the possibility of a Fed rate cut, further supporting the U.S. dollar and may temporarily pressure on Bitcoin prices. However, with the U.S. presidential inauguration approaching, this setback may be short-lived," Zach Pandl added, adding that he still believes "the outlook for cryptocurrency valuations is structurally bullish."