#BTC☀
《Trend Changes — Current Market Analysis》
The tariff issue has escalated again, and the market has once again plummeted. Bitcoin and Ethereum, along with a host of altcoins, have entered a new round of correction. The recently established support is quite weak and cannot withstand such tests.
The support around 76000 for Bitcoin has been broken and has now turned into resistance. The support has now shifted to around 73000, showing a trend of oscillating decline, with no signs of a stop in the decline yet.
Ethereum has already broken the 1400 mark and is now just drifting along without any power to resist. As soon as any negative news comes out, Ethereum drops accordingly. Fortunately, Ethereum has never been on our watchlist.
The market deteriorates again; if the tariffs don't materialize, and the Federal Reserve doesn't cut interest rates, without any substantial positive news, the entire market will still be in a situation of more declines than rises. The market needs to be tempered.
