Today is the 303rd day of my dynamic posting, and it hasn't stopped for a day. Each one is not perfunctory, but carefully prepared. if you think I'm a serious person, you can walk with me, and I hope that the daily content can help you. The world is big, and I'm small, so pay attention so that it's not hard to find.

Today's market continued its downward trend, with Bitcoin falling below the $84,000 mark, Ethereum falling below $1,600, and other mainstream currencies and DeFi, Layer 1 and other sectors generally falling 1%-3%. Bitcoin is currently trading around $84,000, and a further break below the $83,000 support level could trigger more stop-loss orders, causing the price to test below $80,000. Ethereum is also under technical pressure, and after the $1,600 mark is broken, if it cannot recover quickly, the next target may point to 1,500
The escalation of global trade tensions is at the heart of the deterioration in market sentiment. The recent implementation of "reciprocal tariffs" in the United States has exacerbated stagflation fears, and traditional risk assets have come under pressure in tandem with cryptocurrencies. At the same time, institutional funds continued to withdraw, with U.S. spot bitcoin ETFs seeing net outflows for three consecutive weeks, with a total loss of $8.7 billion, reflecting a systemic shift in investors' risk appetite. Despite the quarter-on-quarter rebound in crypto venture capital in the first quarter of 2025, the altcoin ecosystem is particularly at risk of liquidity depletion compared to the limited inflow of new capital in 2021-2022. In addition, the sell-off by large holders could further dampen market confidence.
In the short term, the market needs to digest technical breakdowns and macro uncertainties, and investors need to be wary of the risk of liquidation of highly leveraged positions, and pay attention to key support levels such as Bitcoin $83,000 and Ethereum $1,500. In the longer term, I remain optimistic about the second half of 2025, with sentiment likely to recover quickly if the Fed signals a rate cut or geopolitical tensions ease. The veterans need to pay attention to the Federal Reserve's May FOMC meeting and global tariff policy trends. Historical data shows that it takes an average of 147 days for Bitcoin to recover its previous high after the crash, and regular investment may be a more stable choice.
My friend doesn't have any aesthetics, I help her choose things, and the arranged tea table is elegant, isn't it? In terms of aesthetics, I am the chosen one. Ha ha