百币精
--
April 13 Market Analysis
The weekend was expected to be relatively calm, but this week has seen a rising trend, with Bitcoin prices gradually approaching 86,000.
The trade confrontation between China and the United States continues to escalate, with both sides raising tariffs to over 100%. China has stopped responding to U.S. tariff sanctions, and Trump ultimately exempted tariffs on electronic products such as smartphones and computers, excluding these products from the 125% tariffs imposed on China and the 10% baseline tariff imposed on almost all other countries. Since these popular consumer electronics are typically not produced in the U.S., establishing domestic manufacturing facilities in the U.S. would also take years.
This week, Bitcoin's trend has been quite volatile, having dipped below 75,000 twice. The U.S. Treasury market has collapsed, with Treasury yields continuing to rise; however, some of Trump's actions have eased tensions. The U.S. Customs tariff system experienced over ten hours of downtime, and after resuming operations, new tariffs were reimposed. This delay in tariff collection provided a buffer for the market, reducing the immediate shock from the trade war. Currently, the market has not declined but has instead provided better pricing. The CME gap I mentioned in my post yesterday at 82,000/85,500 has already been filled, and there is a smaller gap above. Since it’s the weekend, we need to pay attention to whether Bitcoin prices can maintain above 85,000 to officially fill that gap. However, there has been significant volatility over the weekend, and if Bitcoin continues to rise, it may create a new CME gap, possibly starting around 84,000. If this gap is filled downwards next week, Bitcoin prices will likely undergo an adjustment.
From a weekly perspective, Bitcoin has moved out of the danger zone, having tested the 50-week moving average for the third consecutive time. Although it fell below this level consecutively this week, it ultimately closed above the 50-week moving average and is currently above the 50-day moving average. To establish further bullish momentum, it needs to break through the 200-day moving average, which could signal an early trend reversal. Recently, the price range of 81,300 to 83,500 has garnered attention, and Bitcoin seems to have absorbed the selling pressure in this range, achieving more rebounds.
Risk Warning:
Currently, BTC is experiencing a volume-contracted rise, watch for potential pullback risks this evening.
BTC resistance level above: 87,500/86,000, support level below: 84,500/83,500, focus on the breakout situation in the small range during the day.
#加密市场反弹 #巨鲸动向 #特朗普暂停新关税
The weekend was expected to be relatively calm, but this week has seen a rising trend, with Bitcoin prices gradually approaching 86,000.
The trade confrontation between China and the United States continues to escalate, with both sides raising tariffs to over 100%. China has stopped responding to U.S. tariff sanctions, and Trump ultimately exempted tariffs on electronic products such as smartphones and computers, excluding these products from the 125% tariffs imposed on China and the 10% baseline tariff imposed on almost all other countries. Since these popular consumer electronics are typically not produced in the U.S., establishing domestic manufacturing facilities in the U.S. would also take years.
This week, Bitcoin's trend has been quite volatile, having dipped below 75,000 twice. The U.S. Treasury market has collapsed, with Treasury yields continuing to rise; however, some of Trump's actions have eased tensions. The U.S. Customs tariff system experienced over ten hours of downtime, and after resuming operations, new tariffs were reimposed. This delay in tariff collection provided a buffer for the market, reducing the immediate shock from the trade war. Currently, the market has not declined but has instead provided better pricing. The CME gap I mentioned in my post yesterday at 82,000/85,500 has already been filled, and there is a smaller gap above. Since it’s the weekend, we need to pay attention to whether Bitcoin prices can maintain above 85,000 to officially fill that gap. However, there has been significant volatility over the weekend, and if Bitcoin continues to rise, it may create a new CME gap, possibly starting around 84,000. If this gap is filled downwards next week, Bitcoin prices will likely undergo an adjustment.
From a weekly perspective, Bitcoin has moved out of the danger zone, having tested the 50-week moving average for the third consecutive time. Although it fell below this level consecutively this week, it ultimately closed above the 50-week moving average and is currently above the 50-day moving average. To establish further bullish momentum, it needs to break through the 200-day moving average, which could signal an early trend reversal. Recently, the price range of 81,300 to 83,500 has garnered attention, and Bitcoin seems to have absorbed the selling pressure in this range, achieving more rebounds.
Risk Warning:
Currently, BTC is experiencing a volume-contracted rise, watch for potential pullback risks this evening.
BTC resistance level above: 87,500/86,000, support level below: 84,500/83,500, focus on the breakout situation in the small range during the day.
#加密市场反弹 #巨鲸动向 #特朗普暂停新关税
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
0