#美国加征关税
Before Trump took office, he was a savior in the crypto space, but now he has become a disaster that everyone wants to denounce. A series of jaw-dropping, god-like operations have thrown the capital market into a chaotic whirlpool: U.S. stocks plummet, A-shares crash, futures commodities dive, and the crypto market collapses. It's truly a scene of doom and gloom! Such is the nature of the world; where there is yin, there is yang, opposing yet interdependent. The space next to heaven could very well be hell... Trump's move to force the Federal Reserve to cut interest rates through his 'no pain, no gain' strategy is nearing its goal, a turning point is imminent; persistence is victory!
Returning to the market, we have consistently emphasized the importance of the 80,000-81,000 range. The market has provided support here multiple times, but unfortunately, faced with internal and external troubles, attempts to break upward have all ended in failure. After breaking below this range, we advised everyone to significantly reduce their positions, successfully avoiding the plunge to 74,000 – fortunate indeed! In fact, we mentioned long ago that the most worthwhile position to bet on during the pullback was around 73,000, and it seems we have basically touched that level. The market needs a bit more observation; Trump appears relentless, and it's uncertain if he will release even more outrageous policies. Bitcoin is not currently following the downward trend, which is a positive sign. From a technical standpoint, a daily-level bottom divergence has begun to emerge here, supporting the possibility of this being the bottom of the current decline. The only thing to note is that the bottom will definitely be a range, so don’t think you can get the lowest price; the best strategy is to gradually replenish within this range! There is bad news as well: now that the market has reached this position, the likelihood of Bitcoin hitting new highs in the future has significantly decreased, at least for this year. The biggest hope left is the return of liquidity after interest rate cuts during the altcoin season; everyone should prepare mentally!
Bitcoin's strong support remains unchanged at 70,000-74,000, with resistance at 80,000-81,000. Ethereum is relatively weaker compared to Bitcoin, and the Ethereum ecosystem is expected to be affected as well. Ethereum has multiple and complex issues, making it difficult to establish an independent market trend, with support at 1,410 and 1,290, and resistance at 1,620. Overall, dawn is approaching before the darkness; a liquidity-driven market will ultimately emerge. Hope persists, and we must believe in the light!
Welcome everyone to follow the spot trading 💪
