Bitcoin Eagle 🦅 4.8 Accurate Market Analysis
There were rumors yesterday that tariffs would be temporarily suspended for 30 days, leading to a market recovery.
But later, Trump delivered three consecutive blows: refusing to stop tariffs + angrily criticizing allies + threatening additional retaliatory tariffs.
The market dipped again.
However, overall it's still okay, the US stock market seems to have stabilized,
BTC has also returned to $80,000.
Coinbase saw outflows of over 8,000 BTC yesterday,
with whales buying the dip again.
Strategy Situation:
(1) No BTC purchases in the past week
(2) Average purchase price is $67,458, currently up 10%
(3) Since Trump won the election in November 2024,
Strategy has bought 276,000 BTC at an average price of $93,228, worth $25.73 billion.
Next, we need to see if the US tariff situation eases,
for example, reaching agreements with certain countries to reduce tariffs.
This would help the market recover and avoid a bear trend.
Currently, the fundamentals of BTC are stronger than ever,
there's no reason to be too pessimistic.
Post-Bottom Scenario:
1. Wait 1-2 more months, the Federal Reserve starts to cut interest rates.
2. The US negotiates with major countries to lower tariffs.
3. The US BTC strategic reserves reveal more measures.
Currently, during this period of panic, cutting losses is unnecessary, we are very close to the bottom.
The stock market and crypto market, based on the above three major events, will regain vitality.
Remember, surviving is key, deleverage, and hold spot.