Reference : WSJ

Did the White House push back the 90-day-tarrif-pause claim?

Another SHORT wave is coming ?

Here’s a concise analysis of the White House’s stance on the 90-day tariff pause and its potential impact on the cryptocurrency market:

1. White House Denies 90-Day Tariff Pause

Official Response: The White House dismissed reports of a tariff pause as "fake news", with Press Secretary Karoline Leavitt stating Trump remains firm on his trade policy .

Market Reaction: Stocks briefly rallied on the rumor before resuming declines after the denial, indicating high sensitivity to trade policy shifts .

2. Cryptocurrency Market Implications

If Tariffs Proceed (Current Scenario)

* Bearish Pressure:

- BTC: Likely to retest $76K support (critical level). A break below could trigger a drop to $73.5K amid risk-off sentiment .

- Altcoins (SOL, AAVE, AVAX): High-beta assets like SOL (already down 18%) may face further declines if BTC dominance rises .

* Macro Risks:

- Liquidation Risks: Over $697M in crypto long positions were recently liquidated; prolonged tariffs could exacerbate this .

- USD Strength: A stronger dollar (due to tariffs) typically pressures crypto prices .

If a Pause Had Occurred (Hypothetical Bullish Case)

* Relief Rally:

- BTC: Could rebound to $84K (resistance) on reduced macro uncertainty .

- Altcoins: SOL might recover toward $120 if RSI(6) exits oversold territory .