Initially, driven by optimistic sentiment around tariffs, global risk assets generally rose, with Bitcoin soaring to $88,500. However, as more details emerged, market sentiment took a sharp turn. After Trump announced comprehensive new tariffs on 185 countries, U.S. stock index futures and major cryptocurrencies plummeted, triggering turmoil in global markets and widespread risk aversion.

The situation in the Indo-Pacific region is absurdly high, with reckless actions akin to a rabbit causing a loss of 800 while defeating 1000, directly exacerbating the financial crisis and giving a sense of dragging the whole world down with it.

Bitcoin

After a peak rebound to $88,500 last night, it quickly fell to around $82,300. As U.S. stocks opened in the evening, it continued to drop to $81,300, with all major indices in the U.S. gapping down and falling 4-5%. A circuit breaker could easily be triggered next.

Bitcoin has failed five times to break through the downward trend line. If the daily triangle structure breaks below $77,600, it may not hold, so caution is warranted. Gold opened down 3.46% and was down 0.9% at the time of writing, with risk aversion spreading.

Bitcoin can only hope for support around the weekly MA60 near $74,400. The thought remains the same: with the global financial market crashing, Bitcoin will likely follow suit in the short term, but whether it can serve as a safe haven like gold after the drop remains to be seen. From the perspective of the gentleman, there is certainly hope for a recovery.

Support: $74,000—$76,600

Resistance: $84,000—$88,500

Ethereum

The ongoing weakness is undeniable, with prices hitting a new low of $1,747. From a monthly and weekly perspective, as long as it does not rebound above $2,100, it remains bearish, with support at $1,500.

In terms of time and space, it took 532 days to rise from the lowest point of $878 to break $2,100, while it took 462 days for the M-top above to break down. Ethereum is already in a bear market, and there are no signs of a bottom yet; we still need to wait.

Support: $1,000—$1,200—$1,500

Resistance: $2,100

If you like my views, please like, comment, and share. Let's navigate through the bull and bear markets together!!!

The article is time-sensitive and for reference only, with real-time updates.

Focusing on K-line technical research, sharing global investment opportunities. Public account: BTC Trading Gentleman Fusu

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。