In the last twenty-four hours, 2.2 billion CNY has been wiped out, and 102169 people have gone bankrupt. Tonight, with Trump imposing new tariffs on China, the market continued to decline. However, BTC is currently trading around 76600; the points to watch are 74500 and 73425 in case of severe fluctuations. At the moment, the indicators suggest a natural decline as mentioned last night, as giants like Huijin exit to ensure the stability of the local market. If the market in North America drops significantly and the A-share market stabilizes, Trump will have no resistance. The more these things are repeated, the less impact they have. Therefore, before moving into a new range between 73425-74500 with increased volume, the market is still in a volatile state. For now, it is a natural decline!
Bitcoin Concern
Support 73425
Temporary Pressure 80751
The key points are 76600/74500, where a rebound opportunity is likely to appear at these two points. 79164/80751 are major resistance points above!
ETH Interest
Support 1185/1095
The pressure from above is pressure
The movement of ETH at this moment is far from BTC, as it is in a period of market abandonment, capital withdrawal, and despair among individual investors. Recently, everyone's habit has become eating, sleeping, and making short trades on Ethereum!
Practically: For the trade last night, it is necessary to exit today in case of preserving capital or close to the cost price first, and positions should be reduced at the points of adding positions!
Today we are particularly focusing on the response measures from the Ministry of National Commerce throughout the day!