🔥🔥🔥 A tariff plan that will take effect at 4 a.m. Beijing time on April 3, and the final version of the reciprocal tariff plan will take effect after the announcement in the White House Rose Garden. In addition, a 25% tariff on automobiles will be imposed on April 3. Prior to this, Trump had already imposed tariffs on steel and aluminum and raised tariffs on all Chinese goods. He also repeatedly threatened to impose other tariffs, which were later cancelled or postponed. The latest tariff plan could be a massive reciprocal tariff that would upend the global trading system. For weeks, Mr. Trump has called this day the "Liberation Day" of the United States. However, as far as the current situation of the market is concerned, it has been corrected by nearly half, which means that before the official announcement of the tariffs, the funds are still bearish on the market, and the tariffs are bearish, regardless of whether they are digested in advance or not, as long as they do not land, the bearish has formed the most basic consensus. As for whether the tariffs will be good for the market after the landing, it depends on this round of adjustments, where to adjust, and wait for the market to come out.
================================== 💎 💎 ================================== 🔥🔥🔥 In the afternoon, Bitcoin launched a technical rally after hitting the key support of 83,870 points, reaching a high of 85,436 before retreating. The rebound space and persistence of the price is being significantly affected by the suppression line that continues to fall above, making it difficult to break through and sustain the highs. Judging from the 4-hour to 12-hour trend, there are still multiple resistance lines above the price, which not only limit the height of the price's rebound, but also increase the selling pressure in the upward process to a certain extent. At present, there is not much continuity between long and short, and the hourly level is also diverging steadily, and it is currently hovering near the middle track. With the contraction of the trend, the direction is about to be chosen again. Watch for the imminent start of the tariff war at three o'clock in the morning. It is not expected that this wave of decline will be too small. At 20:15 in the evening, there is also the announcement of ADP small non-agricultural data, and everyone pays attention to the news. In the evening, we are still optimistic about the outbreak of bears. ================================== 💎 💎 ================================== 🔥🔥🔥Ethereum also follows the trend of Bitcoin, steadily rising from the support level of 1850, reaching up to the line of 1887. The overall rebound strength still appears moderate, indicating that market sentiment remains cautious. The 4-hour chart shows a high followed by a pullback and a lower close. From the current rebound structure, it may be aimed at pulling the moving average indicators downwards. Although it briefly broke through the upper boundary of the downward channel, it failed to stabilize above it at the end, resulting in insufficient short-term reversal strength, while the K-line pattern shows a weakening after a high followed by a lower close. After a second wave rebound, the 1-hour chart is under pressure and has returned to a smaller-level rebound ascending channel line. Pay attention to whether it can break down in the evening; if it does, it will directly weaken. The structure is accompanied by a second probing high followed by a pullback, with space being released, leaning towards a pullback in the evening.
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🔥🔥🔥 A tariff plan that will take effect at 4 a.m. Beijing time on April 3, and the final version of the reciprocal tariff plan will take effect after the announcement in the White House Rose Garden. In addition, a 25% tariff on automobiles will be imposed on April 3. Prior to this, Trump had already imposed tariffs on steel and aluminum and raised tariffs on all Chinese goods. He also repeatedly threatened to impose other tariffs, which were later cancelled or postponed. The latest tariff plan could be a massive reciprocal tariff that would upend the global trading system. For weeks, Mr. Trump has called this day the "Liberation Day" of the United States. However, as far as the current situation of the market is concerned, it has been corrected by nearly half, which means that before the official announcement of the tariffs, the funds are still bearish on the market, and the tariffs are bearish, regardless of whether they are digested in advance or not, as long as they do not land, the bearish has formed the most basic consensus. As for whether the tariffs will be good for the market after the landing, it depends on this round of adjustments, where to adjust, and wait for the market to come out.
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🔥🔥🔥 In the afternoon, Bitcoin launched a technical rally after hitting the key support of 83,870 points, reaching a high of 85,436 before retreating. The rebound space and persistence of the price is being significantly affected by the suppression line that continues to fall above, making it difficult to break through and sustain the highs. Judging from the 4-hour to 12-hour trend, there are still multiple resistance lines above the price, which not only limit the height of the price's rebound, but also increase the selling pressure in the upward process to a certain extent. At present, there is not much continuity between long and short, and the hourly level is also diverging steadily, and it is currently hovering near the middle track. With the contraction of the trend, the direction is about to be chosen again. Watch for the imminent start of the tariff war at three o'clock in the morning. It is not expected that this wave of decline will be too small. At 20:15 in the evening, there is also the announcement of ADP small non-agricultural data, and everyone pays attention to the news. In the evening, we are still optimistic about the outbreak of bears.
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🔥🔥🔥Ethereum also follows the trend of Bitcoin, steadily rising from the support level of 1850, reaching up to the line of 1887. The overall rebound strength still appears moderate, indicating that market sentiment remains cautious. The 4-hour chart shows a high followed by a pullback and a lower close. From the current rebound structure, it may be aimed at pulling the moving average indicators downwards. Although it briefly broke through the upper boundary of the downward channel, it failed to stabilize above it at the end, resulting in insufficient short-term reversal strength, while the K-line pattern shows a weakening after a high followed by a lower close. After a second wave rebound, the 1-hour chart is under pressure and has returned to a smaller-level rebound ascending channel line. Pay attention to whether it can break down in the evening; if it does, it will directly weaken. The structure is accompanied by a second probing high followed by a pullback, with space being released, leaning towards a pullback in the evening.