Brothers, the crypto market has started bouncing again these past two days! Yesterday, Bitcoin surged from 82800 all the way up to 84400, and Ethereum touched 1891. But to be honest, this rebound feels like a roller coaster — it goes up and then slides back down, with prices still revolving in the same old place. Right now, this market is like a self-study room before a major exam, everyone is holding back, afraid to make big moves, just waiting for the U.S. tariff policy announcement at three in the morning.
Trump's tariff stick has caused gold to skyrocket (indicating that everyone is in a panic), while Bitcoin has shrunk in fear. But have you noticed? The market is much more resilient than last month; every time it gets hit, it bounces back a bit. In my opinion, it all hinges on two key things: first, how harsh the tariffs are tonight, and second, whether the Federal Reserve can actually cut interest rates in June. If both of these concerns land safely, then Bitcoin could surge to previous highs, and Ethereum could stir up some action with the ETF pledge story — there might actually be a chance!
The current chart is also quite interesting: the hourly line is climbing like a snail, inching upwards, and the trading volume is actually a bit higher than the previous days. Focus on the key levels of 85200 and 1920 in the evening session; if it can push through in one go, it might set the rhythm. But remember, this market is like a seesaw — the bears hold the policy as a bargaining chip while the bulls cling to interest rate cut expectations. It’s best for us retail investors to grab a small stool and watch the show, rather than easily take sides.
As for operations, here’s a reminder for you guys: in the short term, focus on trading around the upper and lower bounds of the range. Consider chasing orders if it breaks below 82000 or breaks through 85500. For the mid to long term, don’t rush to go all in; wait for the tariff announcement to clarify the market direction before bottom fishing. In this market, surviving is more important than making quick money!
Keep up with Hao Ge's pace
Making a million U.S. dollars is not a dream
Where do you see kids crying every day?
Where do you see gamblers losing every day?
Keep up the speed
Today's hot coins: ACT COMP SUI GUN XRP
