This week, global markets are facing significant uncertainty, as Trump's upcoming announcement on April 2 regarding the 'reciprocal tariff' policy may exacerbate trade tensions, triggering a rise in risk-averse sentiment and directing funds towards traditional safe-haven assets like the US dollar and gold. As a result, US stocks experienced a significant decline last week, while cryptocurrency assets like Bitcoin continue to fluctuate, hitting a low of $81,295 and facing short-term pressure.
The US non-farm payroll report for March on April 4 and the speech from Federal Reserve Chairman Powell will further influence market direction. If the employment data is strong, it may suppress interest rate cut expectations, leading to a stronger dollar, which would be bearish for Bitcoin; conversely, if the data is weak or Powell adopts a dovish stance, the market may anticipate liquidity easing, potentially boosting the crypto market. #关税政策 #降息预期
Bitcoin support level: Currently, BTC is fluctuating around $81,000, and if it falls below $80,000, it may further dip into the $78,000 range. However, if market expectations for Fed easing policies strengthen, BTC may stabilize and rebound above $80,000.