When Trump's tariff stick hit global trade, Bitcoin broke through $120,000 against the trend! Is this a safe haven in the crisis, or the calm before the storm? Today, I will show you how tariffs can reduce the cryptocurrency market!
July 28 Video Summary
Turning Point
7/31 Interest Rate Decision
The probability of no interest rate cuts in July and August is 94%
The probability of a rate cut in September is 64%
The word "delay" is the main strategy
8/1 Non-agricultural data Data is higher than expected, bearish
Data is higher than expected, bullish
8/1 Tariffs expire. Negative in the short term, long-term positive market conditions are expected to be hyped in advance. It will probably start to pull up before the 30th and touch around 123,000 and then fall back on a large scale. The target of the large cycle is around 112,000 as the first target and the second target is around 108,500 to start the second wave of rebound.
BTC
Short cycle (focus on today and tomorrow)
Lower range defense 116700 - 115800 range near the back and forth band
Upper range resistance 120000- 120700 range near the back and forth band
ETH
Short cycle (focus on today and tomorrow)
Lower range defense 3700-3585 range near the back and forth band
Upper range resistance 3950- 3970 range near the back and forth band
SUI Friday August 1 unlock 200 million US dollars
You can try to short at highs near 4.5-4.8
