Global financial markets are facing a new round of tests. U.S. stocks have hesitated following Trump's optimistic expectations, and the cryptocurrency market has also seen a slight retreat, remaining within a controllable range overall. Trump's tough stance on Dragon tariffs, the bottleneck in U.S.-European trade negotiations, and the potential corporate tax increase plan collectively cast a shadow over the market. The latest developments in trade frictions between the Dragon and the U.S. have only added fuel to the fire, with the cancellation of Boeing orders causing heated discussions. The Bitcoin market has seen large-scale turnover, with players full of expectations for its trend.
Trump's hawkish stance on trade issues continues to stir the market. Recently, he claimed that the Dragon economy heavily relies on the U.S. market and urged the Dragon to make compromises in trade negotiations. However, the Dragon quickly retaliated by suspending the acceptance of Boeing aircraft and halting purchases of U.S. aviation parts, directly responding to the high tariff threats from the U.S. These orders date back to Trump's first term but have now become the new focus of the trade war. Trump later publicly called for the Dragon to 'take the first step,' which escalated market tension, leading to slight declines in both U.S. stocks and Bitcoin prices.
Moreover, the stagnation of tariff negotiations between the U.S. and Europe has further burdened the market. The escalation of trade barriers could increase operational costs for businesses, particularly in an environment of high inflation and high interest rates, putting the stability of global supply chains to the test and pressuring player confidence.
Meanwhile, reports from the White House suggest that Trump may raise corporate tax rates to support other tax reduction plans. Although this has not been finalized, the rumor has already caused unease in the business community. Currently, aside from the AI and technology sectors, most businesses are struggling with high financing costs and declining profits. An increase in corporate tax rates could further weaken economic vitality and even trigger a rise in unemployment rates. As a result, the panic index VIX has risen to 33.58, and the decline in U.S. stocks and cryptocurrencies has slightly deepened, making market sentiment more cautious.
Against the backdrop of macroeconomic fluctuations, the Bitcoin market shows unique dynamics. The trading volume significantly increased yesterday, reaching a recent high, indicating heightened player activity. Platform data shows that this is mainly due to internal account transfers, with no unusual fund flows observed. The stock in the $92,000-$97,000 range has decreased, with funds flowing towards $84,500, and the support range of $82,000-$83,000 further solidified. The market commentator believes that as long as Bitcoin holds the critical level of $82,000, there is still potential for an upward breakout in the short term; if it falls below this level, a deeper correction may occur. The current market is in a healthy adjustment phase, and vigilance is needed.#比特币与美国关税政策
