21Shares: BTC is most important to remain above the $80000 range, as the impact of tariffs is about to become clear

星球日报
星球日报|Apr 02, 2025 11:51
Odaily Planet Daily reported that President Trump is expected to announce large-scale tariffs, including reciprocal tariffs, later on Wednesday. BRN Chief Analyst Valentin Fournier said that Trump's speech is a key risk event because his remarks have been unpredictable - wavering between the threat of large-scale tariffs and promises of restrained reciprocal trade policies. Given this uncertainty, it is expected that the volatility of the cryptocurrency market will intensify, and if market expectations fall through, there may be downside risks. It is recommended to remain cautious and reduce overall exposure to digital assets until tariff uncertainty is eliminated. 21Shares cryptocurrency research strategist Matt Mena is slightly optimistic, stating that the most important thing is for BTC to remain above the $80000 to $81000 range. Otherwise, the possibility of retesting the recent $76500 low is increasing, but BTC may consolidate between $81000 to $85000 until the full impact of tariffs becomes clearer. (Block)
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