$ETH Market news on April 8: 1. The US market opened sharply lower on Monday, with the index fluctuating widely due to false news about "tariff delays". The Nasdaq had a maximum fluctuation of nearly 10%, and at one point, the market collectively turned positive, but fell again after the news was debunked. Before the close, Trump stated that he had not considered suspending the tariff increases and mentioned that multiple countries were coming to negotiate with the US. By the close, the three major indices showed mixed results: the Dow dropped 0.91%; the S&P 500 fell 0.23%; the Nasdaq narrowly closed up 0.10%, ending a two-day decline. 2. Some believe that the BTC price is very likely to bottom out at $75,000. 3. The Trump team is considering implementing an export tax credit policy to offset tariff risks. 4. The probability of the Federal Reserve cutting interest rates by 25 basis points in May is 57%. 5. Some analysts believe that if a trade agreement cannot be reached by April 9, market sentiment will collapse again. The crypto market rebounded; Bitcoin led the decline in the Asian session yesterday, dropping to a low of 74,508. In the evening, rumors of a "90-day tariff delay" propelled Bitcoin to rapidly break through $81,000, but it fell back after the news was debunked, currently priced around $79,400.

Bitcoin trading strategy: Excluding the influence of news, Bitcoin's trading range today is between $81,500 and $76,000, and the strategy should focus on short positions. During the market's intense fluctuations, Ethereum performed particularly weakly, dropping to $1,411 yesterday, leading in the decline and hitting a one-year low in market cap share. In the current rebound market, its increase is also significantly lagging, deepening market doubts about its long-term competitiveness. Last night, influenced by false news, Ethereum rebounded to around $1,638, but has now fallen back to around $1,576.