At 12 o'clock tonight, Trump will announce tariff results to various countries.
The originally expiring 90-day tariff exemption has now been extended to August 1.
This is a typical case of 'policy benefits stimulating short-term logic.'
The delay in tariffs has eased market sentiment, causing prices to rebound to 110,000, but it merely postpones the trouble.
Recently, there have been rumors about 'ancient wallets transferring large amounts of Bitcoin,' which is clearly a tactic by the main players to scare retail investors into cutting losses. If they really wanted to offload, they would have done so through private transactions!
Support and resistance levels are also quite simple and clear:
Breaking below 107,800 indicates weakness, while rising to 110,500 has selling pressure.
Looking at Ethereum, it has broken through the previous high in a range-bound fluctuation, and the strong support on the four-hour chart indicates that bulls are dominant.
2630-2650 is a weekly resistance level; if it breaks through, we naturally look higher.
Remember to follow Hashini~ let's pay attention to the tariff results together tonight.
