鲲鹏BTC
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April 7th Kunpeng BTC Market Analysis: Amidst the tariff turmoil, BTC's short-term volatility will brew long-term opportunities!
Recently, the tariff turmoil has continued to ferment, and the situation in the U.S. is a complete mess, with external economic instability affecting the cryptocurrency market as well.
This morning, Bitcoin broke through the critical support level of 81,000 points and approached the previous low. Today, we are seeing a small short-term rebound, but given the rapid decline, this is just a temporary stop and rebound, with expectations of further declines afterward. There is a high probability of breaking previous low points again! Those looking to buy the dip are advised to handle it short-term.
The daily chart is waiting for the final phase of decline, and it is important to pay attention to the recent policy impacts, which may trigger panic selling and declines. Even if a long spike occurs, it is highly likely to quickly pull back up. Contracts need to be cautious of the risks of market manipulation.
In such moments, it is crucial to remain calm; the next move will be the last decline before a significant rebound since the drop to 110,000.
Recently, the tariff turmoil has continued to ferment, and the situation in the U.S. is a complete mess, with external economic instability affecting the cryptocurrency market as well.
This morning, Bitcoin broke through the critical support level of 81,000 points and approached the previous low. Today, we are seeing a small short-term rebound, but given the rapid decline, this is just a temporary stop and rebound, with expectations of further declines afterward. There is a high probability of breaking previous low points again! Those looking to buy the dip are advised to handle it short-term.
The daily chart is waiting for the final phase of decline, and it is important to pay attention to the recent policy impacts, which may trigger panic selling and declines. Even if a long spike occurs, it is highly likely to quickly pull back up. Contracts need to be cautious of the risks of market manipulation.
In such moments, it is crucial to remain calm; the next move will be the last decline before a significant rebound since the drop to 110,000.
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