1) The talks between Europe and America yesterday did not achieve a breakthrough, negotiations will continue today, with a response expected by July 9 at the latest. (Currently, the probability of reaching an agreement seems very low, which is bearish)
2) Yesterday, Trump signed the Great American Spending Act, waiting for the funds to flow in (bearish for the dollar, bullish for U.S. stocks and crypto assets)
3) Yesterday, there was a transfer of 80,000 BTC wallets, one suspected to belong to a Chinese individual named Deng, and one suspected to be from the Spanish Bitcoin Jesus; such large-scale movements are certainly not a good sign.
4) India plans to impose retaliatory tariffs on the U.S. (bearish)
5) Musk initiated a poll on Twitter to prepare to establish a new political party, with the vast majority in agreement (bearish)
6) Trump stated that on July 7, he will send letters to multiple countries, with the highest tariffs reaching 70% and the lowest at 10%, and the new tariffs will be implemented on August 1. (bearish)
Overall, the news is mostly bearish, lacking positive news. Therefore, once the bearish factors are exhausted, a violent upward trend is likely to occur.
How will the market trend next? #大而美法案 #美国加征关税
Yesterday's prediction for BTC was 107,500, with a minimum of 107,200, perfectly achieved, yielding a profit of 2,000 points.
ETH was predicted to reach 2,500, with a minimum of 2,474, yielding a profit of 85 points.
The market forecast for the last 7 days can be considered completed.
All major directions were completely correct.
Short-term market (2 days)
Current BTC price: 108,077, looking at 107,600, resistance at 109,000
Current ETH price: 2,524, looking at 2,480, resistance at 2,580
This news does not clearly indicate a direction; it is highly likely to fluctuate within this range, but I can roughly confirm that the current bottom is gradually rising, and the range is gradually narrowing.
Thus, 107,000 can be considered a phase bottom, and 2,470 can be considered a phase bottom.
Today belongs to the market repair area, with little likelihood of the range breaking out today or tomorrow.
Medium-term market: ETH looking at 3,000, BTC looking at 120,000, expected to be achieved before July 15.
Long-term market: ETH looking for new highs, BTC looking at 168,000, expected to be completed by the end of December.
