#美国加征关税

Bitcoin formed a shadow line and a solid bearish candle this morning, indicating strong bearish momentum. It is expected to oscillate upwards during the day to recover the market.

As of 4 AM today, US stocks closed down, with all three major indices declining. Crypto began a significant pullback after last night's false rally; the US and China are still bickering over tariff issues, causing turmoil in the financial sector, leading to a significant drop in US stocks and crypto.

Bitcoin hovered around 80K throughout the day yesterday, providing ample opportunity for shorts to enter. It has now completed a second bottom test. If the 4H chart holds above 76.5, we can see a rebound forming a W bottom. Long positions can be entered on the rise, while a breakdown serves as a defense, targeting upward resistance at 78K, 79.9K, or 81.2K. If 74.4K cannot hold, there will be strong support at 72.1K. High short positions can be entered at 79.9K, with defense at 81.2K and targets at 78K and 76.5K or near the previous low of 74.4K.

According to Wyckoff theory, this range has completed a bull-to-bear transition. Next, we will see if the market can stage a rebound, depending on the private resolution of tariff issues between China and the US;

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