Although the CPI data was good last night, the economy showed signs of contraction, and Trump's tariff "wolf" was staged again! The first foot just suspended the tariffs for 90 days to make the U.S. stock market carnival, and the back foot threatened to "restore high tariffs if it can't be negotiated" - this wave of operations even the U.S. stock market was stunned, and the three major indexes plummeted more than 3% on Thursday. Friday's intraday also has to pay attention to the specific pro-market, although the suspension of reciprocal tariffs for 90 days is to give the market a chance to breathe, but the monetary policy of the United States is still in a state of tightening, when the market trading volume is back up, the currency circle and the U.S. stock market has a high degree of correlation, the absolute bottoming rebound may have to wait a few days, to see if it can effectively form a reversal K-line, in the process we are still based on the indicator short-term.
================================== ================================== The Bitcoin market continued to rise in the afternoon, reaching a high of 82929, while Ethereum also showed a strong follow-up trend, climbing to 1584. Will we see a "sudden surge" today? Meanwhile, we are paying attention to the breakthrough of the 83500-85200 resistance. If it doesn't break, we will still see a range-bound rhythm. If it breaks above, we can continue to look upward. Currently, although the coin price is running at a high level, as long as it does not show a significant one-sided move, it is still fine to enter short positions at high levels. Considering the current high level of open interest, we should be cautious of increased volatility risk due to short-term profit-taking pressure. The volume and price coordination is relatively healthy, but if the subsequent trading volume shrinks or the capital inflow slows down, it may weaken the sustainability of the rise. The market is short-term bullish, but the risk of volatility at high levels still exists. It is recommended to mainly adopt a light position and gradually lay out while closely monitoring capital flow and position changes. If net inflows significantly reduce or sudden negative news occurs, timely adjustments to positions are necessary to avoid risks.
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Although the CPI data was good last night, the economy showed signs of contraction, and Trump's tariff "wolf" was staged again! The first foot just suspended the tariffs for 90 days to make the U.S. stock market carnival, and the back foot threatened to "restore high tariffs if it can't be negotiated" - this wave of operations even the U.S. stock market was stunned, and the three major indexes plummeted more than 3% on Thursday. Friday's intraday also has to pay attention to the specific pro-market, although the suspension of reciprocal tariffs for 90 days is to give the market a chance to breathe, but the monetary policy of the United States is still in a state of tightening, when the market trading volume is back up, the currency circle and the U.S. stock market has a high degree of correlation, the absolute bottoming rebound may have to wait a few days, to see if it can effectively form a reversal K-line, in the process we are still based on the indicator short-term.
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The Bitcoin market continued to rise in the afternoon, reaching a high of 82929, while Ethereum also showed a strong follow-up trend, climbing to 1584. Will we see a "sudden surge" today? Meanwhile, we are paying attention to the breakthrough of the 83500-85200 resistance. If it doesn't break, we will still see a range-bound rhythm. If it breaks above, we can continue to look upward. Currently, although the coin price is running at a high level, as long as it does not show a significant one-sided move, it is still fine to enter short positions at high levels. Considering the current high level of open interest, we should be cautious of increased volatility risk due to short-term profit-taking pressure. The volume and price coordination is relatively healthy, but if the subsequent trading volume shrinks or the capital inflow slows down, it may weaken the sustainability of the rise. The market is short-term bullish, but the risk of volatility at high levels still exists. It is recommended to mainly adopt a light position and gradually lay out while closely monitoring capital flow and position changes. If net inflows significantly reduce or sudden negative news occurs, timely adjustments to positions are necessary to avoid risks.