🔥Tariff latency of 90 days, Bitcoin, ETH, and alts all rising, will tonight's CPI continue the upward trend?
======================= Waking up, the S&P 500 and Nasdaq surged, with the Nasdaq achieving its largest single-day rise since 2001. The reason for this surge is still a statement from Trump: tariffs paused for 90 days. ======================= The tariff policy welcomes a new turning point, with the three major U.S. stock indices soaring, crypto concept stocks skyrocketing, and BTC surging. How will the market develop in the future? This morning, Trump announced a 90-day "suspension period" of tariffs on 75 countries, during which tariffs will be significantly reduced to 10%, but a 125% tariff will be immediately imposed on East Asia. ======================= As a result, the US stock market and the cryptocurrency market surged together. US stocks: Nasdaq +12%, Dow Jones +7.87%, S&P 500 +9.51%, Tesla +22%, Apple +15%, Nvidia +18%. Crypto assets: BTC +8.13%, ETH +13.4%, SOL +11.53%. ======================= The tariff issue has been temporarily alleviated, and the market has rebounded in response. Bitcoin broke through the resistance near 81500 and is heading towards the resistance around 83500. The hourly chart shows some pullback. If the support around 81500 cannot hold effectively, it will pull back to test whether the 80000 level is solid, and the overall market will also fluctuate along with the rise and fall of Bitcoin. ====================== The performance of ETH yesterday was quite good, with a rise of nearly 200 points, which is one of the reasons why many alts followed suit. Currently, the trend seems to support around 1570, with further support around 1530, showing a fluctuating trend. ======================= 🔥There will be significant data released tonight, and the fluctuations during the day will not be too large. Friends who are opening positions should pay attention to the evening, as volatility may intensify. ======================= How do you view the current market situation? Many people are starting to say the market is stable and the bull is coming. I want to tell everyone, don't be too optimistic about this pump; a major correction is about to start. This sudden pump will still experience a correction. First of all, this pump is entirely driven by news. The more the news drives the pump, the worse the drop will be. You can refer to the last strategic reserve call; the logic is almost identical, with no difference. ======================= Secondly, at present, there are no actual positive factors in the entire market, and no increase in the popularity of the coin circle. It's all just bubble calls, with existing funds being shuffled around. If one wants to pump the market, it must be done slowly, with gradual accumulation and funds entering the market step by step. This is the proper rhythm of a bull market, rather than this quick in-and-out. ======================= In the end, the bull hasn't come, and the bull hasn't left; it's just driven by news. In the crypto space, making money really doesn't rely on news. The greater the impact of the news, the harder it is to make a profit. This time you won, but next time you might lose, so if you want to truly make money, you need a stable market; it can't be so volatile. The trends in the capital market ultimately depend on the flow of large funds. ======================= At that time, the market was bottomless, and we could only gradually buy the dip. Whenever it fell, we would buy the dip because the market was completely influenced by news! We could only play spot! ======================= It really takes courage to buy the dip! What I say the most is to act when the market is down, buy the dip, and run when you've made a short-term profit! ======================= The purpose of tariffs is to create the illusion of recession, to exert pressure on global negotiations, and to address trade deficits, not to truly cause a collapse. This wave of actions has largely achieved these two objectives. The global economy is undergoing a financial reshuffling, with the three major U.S. stock indices dropping more than 30% from their highs, Bitcoin falling over 35%, and gold prices skyrocketing. ====================== 🔥When will the Federal Reserve cut interest rates in the current market? Although the equal tariffs have been suspended, the beautiful country still imposes a 10% basic tariff globally, and the 125% tariff imposed on the East will also severely affect the prices in the beautiful country. As long as inflation remains high, the Federal Reserve will not cut interest rates, and it believes that tariffs will be one of the reasons for rising inflation. Unless there is a deterioration in the labor market or a slowdown in economic activity (recession expectations), the Federal Reserve has no intention of cutting interest rates. In simple terms, don’t expect the Federal Reserve to cut rates in the short term. ======================= 🔥Will Bitcoin drop next? - It is important to pay attention to tonight's CPI and interest rate cuts. Tonight, the U.S. will announce the CPI data for March, and currently, due to the 90-day tariff extension, the market has significantly reduced bets on the resumption of interest rate cuts in May. ======================= The CPI and PCE data for May are difficult to reflect the overall impact, and this will gradually be reflected starting in June. The Federal Reserve's minutes show no intention of an early rate cut, still relying on future employment and economic data. Japan raised interest rates in May, while the U.S. did not cut rates in June; if these two factors overlap, there will be another oscillation and decline. In summary: if there is no further manipulation from Trump, the negative impact of tariffs will be temporarily realized. Cryptocurrencies may see a small bull market between Japan's interest rate decision day in May; if Japan does not raise interest rates, the market will continue to ease. Therefore, the risk lies in May, and if the U.S. cuts rates in June, Bitcoin is expected to return to high levels in June.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🔥Tariff latency of 90 days, Bitcoin, ETH, and alts all rising, will tonight's CPI continue the upward trend?
=======================
Waking up, the S&P 500 and Nasdaq surged, with the Nasdaq achieving its largest single-day rise since 2001. The reason for this surge is still a statement from Trump: tariffs paused for 90 days.
=======================
The tariff policy welcomes a new turning point, with the three major U.S. stock indices soaring, crypto concept stocks skyrocketing, and BTC surging. How will the market develop in the future? This morning, Trump announced a 90-day "suspension period" of tariffs on 75 countries, during which tariffs will be significantly reduced to 10%, but a 125% tariff will be immediately imposed on East Asia.
=======================
As a result, the US stock market and the cryptocurrency market surged together. US stocks: Nasdaq +12%, Dow Jones +7.87%, S&P 500 +9.51%, Tesla +22%, Apple +15%, Nvidia +18%. Crypto assets: BTC +8.13%, ETH +13.4%, SOL +11.53%.
=======================
The tariff issue has been temporarily alleviated, and the market has rebounded in response.
Bitcoin broke through the resistance near 81500 and is heading towards the resistance around 83500. The hourly chart shows some pullback.
If the support around 81500 cannot hold effectively, it will pull back to test whether the 80000 level is solid, and the overall market will also fluctuate along with the rise and fall of Bitcoin.
======================
The performance of ETH yesterday was quite good, with a rise of nearly 200 points, which is one of the reasons why many alts followed suit. Currently, the trend seems to support around 1570, with further support around 1530, showing a fluctuating trend.
=======================
🔥There will be significant data released tonight, and the fluctuations during the day will not be too large. Friends who are opening positions should pay attention to the evening, as volatility may intensify.
=======================
How do you view the current market situation? Many people are starting to say the market is stable and the bull is coming. I want to tell everyone, don't be too optimistic about this pump; a major correction is about to start. This sudden pump will still experience a correction. First of all, this pump is entirely driven by news. The more the news drives the pump, the worse the drop will be. You can refer to the last strategic reserve call; the logic is almost identical, with no difference.
=======================
Secondly, at present, there are no actual positive factors in the entire market, and no increase in the popularity of the coin circle. It's all just bubble calls, with existing funds being shuffled around. If one wants to pump the market, it must be done slowly, with gradual accumulation and funds entering the market step by step. This is the proper rhythm of a bull market, rather than this quick in-and-out.
======================= In the end, the bull hasn't come, and the bull hasn't left; it's just driven by news. In the crypto space, making money really doesn't rely on news. The greater the impact of the news, the harder it is to make a profit. This time you won, but next time you might lose, so if you want to truly make money, you need a stable market; it can't be so volatile. The trends in the capital market ultimately depend on the flow of large funds.
=======================
At that time, the market was bottomless, and we could only gradually buy the dip. Whenever it fell, we would buy the dip because the market was completely influenced by news! We could only play spot!
======================= It really takes courage to buy the dip! What I say the most is to act when the market is down, buy the dip, and run when you've made a short-term profit!
=======================
The purpose of tariffs is to create the illusion of recession, to exert pressure on global negotiations, and to address trade deficits, not to truly cause a collapse. This wave of actions has largely achieved these two objectives. The global economy is undergoing a financial reshuffling, with the three major U.S. stock indices dropping more than 30% from their highs, Bitcoin falling over 35%, and gold prices skyrocketing.
====================== 🔥When will the Federal Reserve cut interest rates in the current market? Although the equal tariffs have been suspended, the beautiful country still imposes a 10% basic tariff globally, and the 125% tariff imposed on the East will also severely affect the prices in the beautiful country. As long as inflation remains high, the Federal Reserve will not cut interest rates, and it believes that tariffs will be one of the reasons for rising inflation. Unless there is a deterioration in the labor market or a slowdown in economic activity (recession expectations), the Federal Reserve has no intention of cutting interest rates. In simple terms, don’t expect the Federal Reserve to cut rates in the short term.
=======================
🔥Will Bitcoin drop next? - It is important to pay attention to tonight's CPI and interest rate cuts. Tonight, the U.S. will announce the CPI data for March, and currently, due to the 90-day tariff extension, the market has significantly reduced bets on the resumption of interest rate cuts in May.
=======================
The CPI and PCE data for May are difficult to reflect the overall impact, and this will gradually be reflected starting in June. The Federal Reserve's minutes show no intention of an early rate cut, still relying on future employment and economic data. Japan raised interest rates in May, while the U.S. did not cut rates in June; if these two factors overlap, there will be another oscillation and decline. In summary: if there is no further manipulation from Trump, the negative impact of tariffs will be temporarily realized. Cryptocurrencies may see a small bull market between Japan's interest rate decision day in May; if Japan does not raise interest rates, the market will continue to ease. Therefore, the risk lies in May, and if the U.S. cuts rates in June, Bitcoin is expected to return to high levels in June.
#pi #sol #xrp #eth #btc