$ETH Trump initially imposed a 24% tariff on Japan and a 25% tariff on South Korea. After what he called a 90-day extension of reciprocal tariffs, Trump reduced these tariffs to 10% to allow time for negotiations. The outcome of the tariffs has been realized, and the market has followed suit. Today, the overall big pancake is doing well, closing at 3253 points, while the auntie also gained 132 points. There isn't much to discuss about today's market; after a morning surge, it has oscillated downwards. Regardless of the longs from the early morning or the subsequent shorts, there have been reminders provided, and I won't elaborate further here.
From the current market perspective, the big pancake has been accompanied by a downward oscillation in the afternoon, currently retreating to around 107800 for consolidation. In the short term, there is also some repair and adjustment, but on the daily level, it has once again returned to a downward structure. It is expected that there will be another pullback; given the current rebound strength, it is not enough to break the upper resistance. Multiple tests have ended in failure. On the four-hour level, the price has dropped below the middle track of the Bollinger Bands, and there has been no effective recovery. Therefore, regarding the midnight rough trading strategy, we can still maintain a rebound short position.
Big pancake: 108000-108500 southwards, looking at around 107000; if it breaks, then look down to 106500.
Auntie: 2550-2570 can be considered for southward movement, looking at the break situation at 2500; if it breaks, then look down to around 2470/2430.
