The May Day holiday has ended, the same formula and the same approach, with a double whammy during the holiday. First, it rose to the 978 line and then began to pull back to around 934. The market is currently hovering and fluctuating around 944.
The U.S. may impose tariffs on semiconductors, and there are rumors that it will prompt East Asian currencies to appreciate during bilateral trade negotiations. Trump also announced a 100% tariff on overseas films, raising concerns about a trade war. Although the U.S. Treasury Secretary defended the tariff measures, the market does not accept it. Everyone is closely watching Federal Reserve Chairman Powell's comments on Wednesday.
Today, we are focused on breaking through around 952, as we continue to look upward. If it does not break, we will still follow the oscillating trend.
BTC is pulling back to around 937 with a defense at 932, targeting 956, and if it breaks, look towards 966-97 (I have already entered a position at the current price).
Don't miss the live broadcast at 9:20 PM tonight.
