Last night, Trump announced the tariff exemptions, which are no longer applicable to the 125% tariff on the East and the 10% equivalent tariff on other countries. This news positively influenced the rise of BTC. The reasoning is that macro information, policies, self-narratives, and other events affect market sentiment, thereby impacting BTC prices. The support or resistance levels are derived from BTC's chip data.
The fluctuation in BTC prices further impacts the prices of ETH, SOL, and other altcoins. Aside from their individual narratives, it is also the time of low liquidity, which is now, during the weekend in the Asia, Europe, and America time zones.
Due to the positive influence, BTC is pushing upward, but special attention should be paid tonight until tomorrow before the U.S. stock market opens. Market sentiment is certainly good, but according to chip data, 85,000 is a solid support level, while there are resistance levels at 86,600 and 87,700. ETH also reached a resistance level around 1,650-1,700, and SOL has a resistance around 135-138.
Don't forget that BTC's price has risen from 75,000 to 76,000, increasing by 10,000 USD. It is inevitable that those who bought at the bottom previously will take profits, and does everyone remember that period at the end of March? It has not been able to break and stabilize around 88,000.
Therefore, it is still important to approach this rationally. For BTC, tomorrow should likely not be a 'Black Monday.' The U.S. stock futures should be able to rise in the morning, and next week we will pay attention to whether there will be further negotiation agreements regarding tariffs.