#美国加征关税 #加密市场回调 #以太坊十周年 $BTC

BTC is in a downward trend. The macro environment is unfavorable, and the global economic downturn pressure leads to cautious investment. In terms of regulation, many countries are tightening policies, undermining market confidence. Technically, the price has broken through key support levels, and the moving average system shows a bearish arrangement. Moreover, there is a continuous influx of selling in the market, and funds are continually flowing out, driving the BTC price down.

From the weekly level, Bitcoin may be in the extended wave phase of the fifth wave, which is the final rally phase, and the increase is far lower than the previous one, entering a period of consolidation, indicating insufficient demand.

At the monthly level, it is near the upward resistance line and the upper band. If a situation arises where there are two consecutive bullish weeks followed by a large bearish engulfing, or if there is a sudden rally breaking through previous highs after a sideways movement, He Jie believes these could be confirmation signals for a bearish trend.

Additionally, the "Great Beautiful Act" promoted by A Te will raise the U.S. debt ceiling, forcing the Treasury to issue a large number of bonds, which will withdraw about $486 billion in market liquidity, equivalent to about 15% of the total market capitalization of the global cryptocurrency market. The contraction of liquidity will have a negative impact on Bitcoin prices.