#ETH #PI #PI Last night, there were reports that Trump is considering suspending tariffs for 90 days to exclude China. Affected by this news, the U.S. stock market quickly rose, with the Dow Jones Index rising over 2%, the S&P 500 Index rising 2.8%, and the Nasdaq Index rising 3.5%. Bitcoin returned to $81,000, and WTI crude oil futures rose by 3%. However, the market is always unpredictable. Shortly after, White House officials revealed to CNBC that they were unaware of any plans to suspend tariffs. This debunking news was like a bucket of cold water, instantly extinguishing the market's enthusiasm. The S&P 500 Index lost $2 trillion in 10 minutes, and the U.S. stock market lost $7 trillion in 30 minutes. One second the bulls were back, and the next second there was a big dump. In just ten minutes, one piece of fake news, one debunking; fake news can manipulate the stock market, and the world is a huge grassland platform. In addition, Trump stated last night that he will impose an additional 50% tariff on our country if we do not cancel the 34% equivalent tariff today, or the U.S. will adopt more aggressive tariff policies tomorrow. This news completely controlled the rise and fall of the global financial market, and the most lethal part is that we do not know if there will be any follow-up.

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A piece of news has driven Bitcoin to nearly $81,000. This indicates that there is still money in the market and also suggests that the market is expecting a rebound. Even now, although the news has been proven false, Bitcoin's price is relatively strong. The current short-term market conditions may be utterly useless in terms of macro, technology, and data, with the highest probability driven by events. This situation is very similar to the case of BlackRock's Bitcoin spot ETF in 2023, where there were initial false reports, yet the market remained enthusiastic. The difficulties in April are mainly not due to a one-sided market, but because of too much uncertainty: uncertainty regarding tariffs, uncertainty from the Federal Reserve, economic uncertainty, and uncertainty regarding Trump, all of which will make market trading more challenging.
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The morning of the bitcoin short single idea has now cashed out 1500 points of space, the current currency price to maintain around 79200 finishing, there is no obvious strong rebound signal for the time being, continue to follow up the idea of short orders in the morning, you can appropriately reduce the position, leaving part of the bottom position to continue to hold for the next observation. The short-term has entered the shock repair stage, on the 4-hour chart, the rebound pressure is in the middle track, and the strength of the short-term short has gradually weakened, the up and down rhythm has not continued, and the possibility of short-term repetition will increase, but in view of the overall trend structure is still in the bear market, it is recommended to short the short-term main of the auxiliary long. In terms of Ethereum, the rebound resistance is not strong, and it continues to be sorted out around 1560, and the pressure on the rebound in the morning fell after the 1617 line, and the current currency price is below the 100-hour simple moving average, forming a connected bearish trend line, and it is expected that there will be a further decline in the short term, but the current decline is not strong, so the idea is still to deal with the main short auxiliary long.