Morning Report | Trump Tariffs + Bill Impact, Cryptocurrency Market Under Short-Term Pressure!
Good morning, brothers. The market trend is in line with our expectations. Trump's tariff policy has caused a stir, focusing on these key points:
Tariff Game Intensifies:
Trump officially announced that he would not extend the tariff negotiation deadline, with July 9 becoming the 'ultimate ultimatum.' He also threatened to impose punitive tariffs on countries like Japan. The news caused a sharp market decline.
Significant Bill with Far-Reaching Impact:
The U.S. Senate narrowly passed the 'Too Big to Fail' bill, and the next key step is the House of Representatives' vote! If enacted, it will add $3.3 trillion in debt, while providing tax cuts for the top 1% and causing 12 million people to lose health insurance…
Cryptocurrency Market Trend Analysis:
Long-Term Logic: The bill undermines U.S. credit, leading to an outflow of funds from U.S. Treasury bonds potentially flowing into BTC, enhancing its potential as a dollar alternative.
Short-Term Risks: U.S. stocks are weighed down by negative news, and the cryptocurrency market is likely to follow suit. It’s possible that BTC could break $100,000 again before July 9!
Response Strategy: If BTC breaks key support levels, consider gradually buying the dip; temporarily observe altcoins, don’t become the 'bag holder.'
