On Monday, U.S. stock markets showed divergence, with the Nasdaq and S&P 500 continuing to hit new all-time highs. Trump announced on Sunday: The U.S. and Europe have reached an agreement, with tariffs on European goods imported to the U.S. reduced to 15% (previously threatened to impose 30%).
Highlights from U.S. stock market closing:
- The Dow Jones fell slightly by 0.14%, the Nasdaq rose by 0.33%, and the S&P 500 was nearly flat;
- Nvidia rose nearly 2%, Tesla rose 3%, and AMD soared 10%;
- The Nasdaq Golden Dragon China Index fell 0.69%, Alibaba rose 1.7%, and EHang fell 5%.
BTC Market Analysis
Today, Bitcoin showed a long lower shadow at 117500, indicating significant support actions by the main forces. However, caution is needed: the KDJ three lines are about to form a death cross near 50; this divergence is more troublesome than a pure bearish signal.
The large-scale triangular convergence pattern is still valid, and the price is currently at the end of the wedge. Combined with the on-chain data that Coinbase experienced a net outflow of 800 BTC last night, the probability of breaking through 119000 during the European and American trading sessions has dropped to 25%.
Operational advice: You can try to short around 118500, focusing on whether the lower support can break.
ETH Market Analysis
After Ethereum previously surged to a high, yesterday's TD9 sequence number provided a clear downward signal. The current market is oscillating within the lower band of the Bollinger Bands; although it remains at a high level in the short term, the trend momentum shows signs of exhaustion.
The MACD fast and slow lines have formed a death cross but the slope is gentle. The red bars turning to green indicates that the bears have not completely taken over. The key support to watch is 3750-3760; if it breaks, we need to observe the defense strength at 3650.
The market is moving quickly, and specific entry and exit points need to be combined with real-time trends. If it breaks, follow the trend; operations must be light, do not be greedy, and take profits for safety. Risk management is the top priority; welcome to discuss and exchange ideas.
