《Tariffs Implemented, Market Rebounds? Beware of New Lows in April!》
Market Update
1. Tariffs Implemented, Bad News Fully Priced In?
Reciprocal tariffs took effect today at 12 PM, with A-shares, Hong Kong stocks, and the crypto market rebounding simultaneously.
However, Bitcoin ETF saw a net outflow of $326 million yesterday, and the data lags behind reflecting the previous day's market, indicating that short-term sentiment remains weak.
2. Interest Rate Cut Expectations Rise, but Market Still Uncertain
Europe has basically confirmed an interest rate cut, and the market is betting that the Federal Reserve may follow suit in May.
The Trump family's crypto project WLFI suffers huge losses:
Average purchase price: $3,259, sold 5,471 ETH (worth $8.01 million) after a 50% loss, total unrealized loss: $125 million.
"Buying high, selling low"—a contender for the worst trading operation of the year.
3. Bitcoin Trend: Rebound or Trap?
Short-term double bottom? Two dips at 74,600; a minor rebound may occur, but it's hard to say we're at the bottom on the daily chart.
Key resistance: 80,000; if it cannot break through, new lows may still occur in April.
Yian reminds:
"Don't get carried away with the rebound; there may be another drop in April!"
With Yian's insights, you can stay ahead of the market.