Last night, Trump announced the tariff exemption, which no longer applies to the 125% tariff on East Asia and the 10% equivalent tariff on other countries, positively impacting Bitcoin (BTC) to rise. The judgment logic is that macro information, policies, self-narratives, and other events influence market sentiment, thereby affecting BTC prices. The support or resistance levels are derived from BTC's chip data.
The fluctuation in BTC prices subsequently influences the prices of ETH, SOL, and other altcoins. Aside from their respective self-narratives, there are also moments of low liquidity, which is now, during the weekend in the Asia, Europe, and America time zones.
Benefiting from positive factors, BTC is making gains, but it is crucial to pay special attention to the market sentiment tonight before the U.S. stock market opens tomorrow. The sentiment is certainly good, but based on chip data, 85,000 has stabilized, with resistance levels above at 86,600 and 87,700. ETH has also reached resistance around 1,650-1,700, while SOL's resistance is around 135-138.
Don't forget, BTC's price has risen from 75,000 to 76,000, already increasing by 10,000 USD. It's inevitable that those who previously bought at the bottom will take profits, and does everyone still remember the period at the end of March? It struggled to break and stabilize around 88,000.
So, it is still necessary to treat it rationally. For BTC, tomorrow is likely not to be a "Black Monday". The U.S. stock futures should rise after opening in the morning, and next week we should pay attention to whether there will be further negotiations or agreements regarding tariffs.