#币安投票上币 4.9
During this period, tariffs have caused a pullback in the entire financial market, with significant volatility. This round of tariffs primarily targets China, the European Union, and Russia. If China insists on imposing a 34% retaliatory tariff on the United States, then the U.S. will raise tariffs on China by an additional 50%, resulting in a total tariff rate of 104% (20% + 34% + 50%). Furthermore, the U.S. will cease all negotiations with China. If China also continues to push back, raising the 34% to 50% or higher, it would essentially sever business relations, making foreign trade impossible. Today, A-shares are in turmoil, while U.S. stocks fluctuated yesterday, rising then falling. We are witnessing a major transformation not seen in a century; U.S. tariffs are at their highest in history, and a significant shift in the global economy is beginning. Next, Trump will push for negotiations, and some breakthroughs are expected next week, with countries like Japan and South Korea potentially reaching agreements with the U.S. to lower tariffs.
China and the U.S. have also begun negotiations.
Only then can the entire market begin to recover.
High tariffs will further exacerbate inflationary pressures in the U.S. If inflation remains high, the Federal Reserve may be forced to delay interest rate cuts, increasing economic downward pressure. However, if clear signs of recession emerge (such as consecutive negative GDP growth), the interest rate cut cycle could begin earlier (with the market expecting a 125 basis point cut within the year).
Tariff policies have led to significant volatility in U.S. stocks, and with the implementation of 104%, it is predictable that market sentiment may collapse again, leading to sustained declines.
Currently, the major direction of the cryptocurrency market on a weekly level has not yet adjusted properly, so opportunities can only be found at smaller levels.
BTC
Currently, the support level is 74800; if this position holds, it will see a one-hour rebound, with resistance around 78000 to 79000. The defensive level on the weekly chart is at 72300, and the focus is on capturing rebounds after a pullback during the day.
ETH
Continuing to decline unilaterally, with daily support at 1430-1366 and resistance at 1480-1528.
There are opportunities for both long and short positions now, but both must use stop-losses.
