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0109 Bitcoin Daily Report😊😊
After Trump proposed new tariffs on eight European countries, risk assets generally weakened, and safe-haven demand increased. Cryptocurrencies subsequently plummeted, with over $680 million in liquidations in the past 24 hours, including $600 million from long positions, indicating that the previously crowded bullish leverage had already formed. Of course, the fundamental reason remains the thin liquidity, with fewer passive order flows, and the crowded supply zone formed at the high points of the rebound cycle suppresses recent rebound heights.
Market analysts currently believe that if the current support level is broken, $90,000 could become the next target, while bullish traders think institutional demand may form a potential bottom support; all institutions agree that Bitcoin prices will remain highly sensitive to changes in leverage levels and liquidity, implying that the market is still prone to sharp fluctuations with rapid rises and falls. #欧美关税风波冲击市场 $BTC