Highlights for June 26
Trump's 90-day tariff suspension will automatically take effect on July 9. If the tariff policy resumes, it will have a significant impact on global inflation, supply chains, and market volatility. The EU is preparing to impose retaliatory tariffs to ensure a better trade agreement with Trump.
Monetary easing may be delayed until September or later, emphasizing a dual mandate of inflation and employment, predicting one or two interest rate cuts this year or by the end of the year, but no plans in the near term.
BTC is calming down due to the easing of the conflict, Powell's speech is somewhat dovish, and the soon-to-expire 90-day tariff suspension has allowed Bitcoin to recover from 98k to its current point in just three days, entirely driven by Bitcoin's performance with fluctuations of over ten thousand points. The daily line is showing a bullish trend, with a significant resistance level at 1085k on the four-hour chart. During the day, focus on the 1085-109000 range above, and watch the 1055-106 interval below, with a primary focus on short positions in contracts.
ETH daily line is in sync with Bitcoin, showing bullish performance, with yesterday's focus on Bitcoin's performance and today on Ethereum's rebound. The four-hour overall has strong resistance at the 2520-2560 range, making stabilization difficult. During the day, pay attention to the strong resistance level on the four-hour chart above, and the support level at 2400-2440 below.