5.31 Trump Restores Increased Tariffs, BTC May Fall Below 100,000!
Amid tariff fluctuations, will Bitcoin welcome new opportunities? Recently, a U.S. appeals court allowed Trump’s tariffs to temporarily remain in effect. This dynamic in the economic sector seems unrelated to Bitcoin, but it actually hides deeper implications. Tariffs are essentially taxes imposed by governments on imported and exported goods, and their adjustments can trigger a series of economic chain reactions. When tariff policies change, international trade costs increase, exchange rate volatility intensifies, and uncertainty in traditional financial markets grows. To avoid risks, investors often seek more stable and independent assets. Bitcoin, as a decentralized digital currency, is not controlled by any single country or financial institution. During economically unstable periods caused by tariff adjustments, its unique attributes attract many investors' attention.
On one hand, Bitcoin's total supply is fixed, giving it a scarcity similar to gold, which can somewhat hedge against inflation risks. Rising prices and currency devaluation that may result from tariff changes encourage investors to use Bitcoin as a means of preserving value. On the other hand, Bitcoin transactions are convenient, and cross-border transfers are not restricted by traditional financial systems. When international trade is hindered by tariffs, its advantages in cross-border payments become increasingly prominent.
In a constantly changing tariff policy environment, Bitcoin may open new wealth pathways for investors. From a technical analysis perspective, BTC is expected to close the weekly line again at around 112,000, with the monthly line near a double top, and the daily MACD has consistently been in a dead cross going down. Logically, it should have already retreated; this wave will likely fall to around 100,000.
Operation Suggestions:
For Bitcoin: Short at 106,000-106,500, target around 104,000-102,000-100,000. Stop-loss at 107,000.
For Ethereum: Short at 2,620-2,660, target around 2,500-2,400. Stop-loss at 2,710.
