Market Analysis on July 9, 2025
The U.S. imposes a 50% tariff on copper, and will not extend the tariff signing time!
Trump is once again implementing TACO, and the market has slightly warmed up. Tariff trade notification letters will be sent to various countries in the coming days. The EU is showing friendliness, and signing is imminent. At the same time, the implementation of the Beautiful Big Bill is increasing the market's inflation expectations, putting greater pressure on the Federal Reserve to cut interest rates!
Currently, the big pie is still moving in a volatile manner. The MACD fast and slow lines are entangled at the zero axis, with the bullish momentum slightly stronger. The KDJ-J value is rising, enhancing the short-term rebound momentum. The BOLL three lines are all opening upwards. During the day, pay attention to the middle track support at 1085. If the four-hour closing can stabilize above, the bullish momentum can continue, with upper pressure at 1089-1097-1104.
BTC: Hovering around 1078-1083, defend 800 points, target 1093-1104.
Ethereum surged in the early morning to reach a recent high before starting to decline. The single trade yesterday also had nearly a hundred points of space. During the day, pay attention to the 2580 position. If the four-hour level retraces without breaking, the market still looks upward, with upper pressure at 2606-2635-2679.
ETH: Hovering around 2563-2584, defend 40 points, target 2635-2679.