Bitcoin Ethereum Share
April 9th news, according to Bloomberg statistics, the United States announced the so-called "reciprocal tariffs" which severely impacted the international capital markets. Since April 3rd, the global stock market value has shrunk by 10 trillion USD, slightly more than half of the EU GDP. Among them, the U.S. stock market has suffered heavy losses, with the combined market value of the seven major U.S. tech giants evaporating by approximately 1.65 trillion USD during this period. Specifically, Apple, due to its product manufacturing being highly reliant on overseas supply chains, has seen its stock price drop nearly 23% over the past four trading days. (CCTV Finance) The impact of "reciprocal tariffs" has led to a 10 trillion USD shrinkage in global stock market value. Given the current stock market situation, cryptocurrencies are unlikely to perform significantly better, hence a short selling strategy is suggested.
Short Bitcoin at around 78000, targeting 74000.
Short Ethereum at around 1600, targeting 1400.
