Market conditions change rapidly, trading is all about the present, sing whatever song fits the mountain you are on. The global financial market has seen a massive surge, and U.S. stocks have also risen by 12 points in response, with the Nasdaq and others experiencing an epic rise. Trump has paused tariffs for 90 days but has made a very crazy decision to impose a 125% tariff on us. This wave of calls has allowed his Republican party to make money in the stock market, first causing the market to drop and then rising after the calls, somewhat similar to the situation with Bitcoin during the approval process for the spot ETF when it was around $60,000 to $70,000, with back-and-forth calls for about seven months.
After Trump announced this wave of tariffs yesterday, the global financial market surged, and Bitcoin also saw a notable increase, rising from just over $70,000 to nearly $83,000. Currently, the price hasn't stabilized as it hasn't broken through the $85,000 level; it can only be described as a temporary rebound. The MACD below has not shown a golden cross and remains below the zero axis. To test upward, it still requires some determination. As it hasn't broken through the $85,000 level, its support point remains around $67,000. The range between $65,000 and $71,000 is the bottom state for long-term holders. If it drops to this level, long-term holders will continue to buy in, which is one scenario.
Short-term traders have their cost levels between $93,000 and $100,000. Ethereum has also seen a rebound, rising from nearly $1,400 to around $1,600, a rebound of over 10%. Litecoin has also experienced a rebound, but on the daily chart, it hardly shows a rebound feeling. If Bitcoin does not rebound to its position, the market is unlikely to see significant changes. Stablecoins have evaporated over the past few days; yesterday I saw an issuance of nearly $1 billion on the Tron chain. Bitcoin spot ETFs continue to flow out, consistently offloading over the past few days, raising concerns about market panic. Bitcoin wallet balances have increased, indicating that some people are selling. The intraday support level is at $80,700, with resistance above at $84,000. That's all for today. #加密市场反弹