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Under Trump's tariffs, US tech sector about to experience "Economic Armageddon," claims Wealth Management Exec Senior equities analyst Dan Ives of Wedbush Securities investment banking company believes President Trump's tariffs would probably cause the US IT industry to fall apart. In a fresh CNBC interview, Ives notes that Trump's broad and reciprocal tariffs are terrible news for IT businesses, especially those depending on China for labor and components. With the declared intention of protecting home industry, Trump signed an executive order last week imposing a 10% tax on all imported products arriving into the USA. Furthermore included in Trump's executive order are country-specific duties, which result in a total 54% penalty on Chinese goods. Ives claims that given the possible rise in manufacturing prices, US technology companies like Apple are under pressure to reassess their business plan. Should these tariffs remain in place, it is effectively an economic catastrophe. Moving the supply chain is not like the reality of speaking before a microphone in a 202 area code. And it goes to our argument, from Nvidia to Apple to any of the [semiconductor] companies, when you look at China-exposed firms, this is as concerned as I have seen investors dating back to Covid March 2020. Ives claims he observes tech companies reacting with pricing hikes, which causes "demand destruction." "If they hold in their current form, then practically you have 15% to 20% demand destruction across the board in terms of costs that are actually going to have to come through." At the end of the day, the wealth management CEO claims, American consumers will pay the most of Trump's tariffs. Who is going to cover it? The truth is the customer; that is what exists. You can discuss tariffs all you want; customers are going to pay it on the iPhones, on gadgets, they are going to pay it generally. #TrumpTariffs #BTCvsMarkets #PowellRemarks #VoteToListOnBinance #NextCryptoETFs? $BTC $XRP $BNB #
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SCAM ALERT – PROTECT YOURSELF! 🚨 Hey fam, There are FAKE Telegram channels and scammers out there pretending to be me – using my name, my profile pic, even creating fake groups to steal your money! ⚠️ I DO NOT: ❌ Offer paid mentorships ❌ DM you to send money or crypto ❌ DM you for “investments” If someone claims to be me and messages you privately – IT’S A SCAM! Here’s how to stay safe: ✅ Only trust links from my official pages ✅ Double-check usernames (scammers use small changes!) ✅ Never send funds to anyone claiming “guaranteed profits” ✅ REPORT & BLOCK fake accounts immediately Let’s spread awareness and protect each other! Tag your friends, share this post, and don’t fall for the trap! Stay sharp, stay safe, stay winning! #VoteToListOnBinance #BinanceAlphaAlert #ScamAlert #MyFamily #scammeralert
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SOL/USDT Technical Analysis Solana (SOL) is currently trading at **$129.21**, down **6.69%** today, showing strong bearish pressure 📉 **Key Insights:** 📉 **Moving Averages:** - **MA(7):** $135.85 ❌ (Trading below, indicating short-term weakness) - **MA(25):** $132.89 ❌ (Bearish pressure increasing) - **MA(99):** $181.98 ❌ (Far below, long-term downtrend still intact) **Support & Resistance:** - **Support:** **$129.03** (24h low). If this breaks, next support is around **$112** - **Resistance:** **$139.95** (24h high). Bulls need a breakout above **$135** to regain strength. 📌 **Trend Analysis:** - Short-term: **Bearish** ⚠️ (recent sell-off) - Medium-term: **Neutral to Bearish** ❌ (needs strong buying volume) - Long-term: **Bearish** 🚨 (still below key moving averages)
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