Track current events in the world of cryptocurrencies, identify the best trading opportunities. Today is Sunday, February 9, 2025, my name is Van I Bo! GM, coin friends ☀hardcore fan came to give a like👍, light up and make big money🍗🍗🌹🌹

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It was thought that the negative impact of interest rate reductions was gradually being absorbed by the market, and looking at the market sentiment and the trend of the index, it seemed that there would soon be an opportunity to make good money on the rebound. However, Trump suddenly announced that he would announce reciprocal tariffs on many countries next week, and instantly everything became negative. Since Trump came to power, he has not done anything good for the cryptocurrency community. On the contrary, he confuses the cryptocurrency community, he has no certainty, and he himself is making things up. Previously, a lot of attention was drawn to the Ethereum ETF pledge proposal, but it was postponed until April, and the project side clearly adapts the strategy according to the interest rate reduction time, and early investors suffered huge losses. Now there is a serious lack of liquidity in the market, the money disappeared overnight, the capital was cut to zero, and there is not even enough money to add. All we can do is watch, wait for the market to recover, and not act rashly.
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Yields on US government debt closed out a challenging week with mixed moves as tariff threats raised concerns about short-term inflationary increases and subsequent economic slowdown. Forecasters continue to assess the impact of tariffs on prices, but the scattered actions of the Trump administration make this task difficult. Consumer and producer price index data for January will be released next week, and it is important to watch for the publication of this data, as the market no longer has as much confidence in the Fed cutting interest rates several times this year. This data could cause short-term volatility in the cryptocurrency market, so it is worth paying special attention!
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On Saturday, Bitcoin and Ethereum are trading within a narrow range of fluctuations and consolidation, and the level of the reverse test is not very high. Liquidity decreases on weekends, which is really unpleasant because there is likely to be a narrow range of fluctuations and consolidation. At least the daily session will not bring big fluctuations, and the structure on the daily chart has decreased several times, but received support from the lower band, which gave some room for rebound. Overall, we still consider the current form as a correction and pullback, and the structure of the upward trend on larger timeframes has not changed, just the previous correction failed to complete and requires another test of the reverse movement, that is, a second correction, and after the final correction, a strong trend will remain. The retracement at this stage also roughly corresponds to our expectations, and if you want to make transactions, it is best to focus on a very short term.