🌹Tariff latency of 90 days, Bitcoin, ETH, and alts are all experiencing a pump. Will tonight's CPI continue the rise?
======================= Waking up, the S&P 500 and Nasdaq surged, with the Nasdaq achieving its largest single-day rise since 2001. The reason for the surge was 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" for tariffs on 75 countries, during which tariffs will be significantly reduced to 10%, but a 125% tariff will be immediately imposed on the East. ======================= As a result, both the US stock market and the cryptocurrency market surged. US stocks: Nasdaq +12%, Dow Jones +7.87%, S&P 500 +9.51%, Tesla +22%, Apple +15%, Nvidia +18%. Crypto assets: Bitcoin +8.13%, ETH +13.4%, SOL +11.53%. ======================= The tariff issue has been temporarily alleviated, and the market has rebounded accordingly. After Bitcoin broke through the resistance around 81500, it is heading towards the resistance around 83500. The hourly chart shows some pullback, and if this support around 81500 cannot effectively hold, it will test whether the 80000 level is solid. The overall market is also fluctuating with the rise and fall of Bitcoin. ====================== ETH's performance yesterday was quite good, with a rise of nearly 200 points, which is one of the reasons for the alts' rally. Currently, the trend shows support around 1570, with further support around 1510, indicating a fluctuating trend. ======================= 🌹There will be major data released tonight, and the volatility during the day will not be too large. Friends who are opening positions should pay attention after evening, as the volatility may increase. ======================= What do you think about the current market situation? Many people are starting to say that the market is stable and a bull run is coming. I want to tell everyone that this kind of pump should not be taken too optimistically; a major correction is about to begin. This sudden pump will also see a correction. First of all, this kind of pump is entirely driven by news. The more the market is driven by news, the worse the decline will be. You can refer to the last strategic reserve call; the logic is almost identical and there is no difference. ======================= Secondly, at present, the entire market lacks any substantial positive news and does not increase the popularity of the crypto circle. It is all just bubble talk. The existing funds are being shuffled around. If we want to drive the market up, it must be done slowly, gradually accumulating positions, and letting funds enter the market slowly. This is the proper rhythm of a bull market, rather than this quick in-and-out approach. ======================= In the end, the bull did not come, and the bull did not leave; it was just driven by news. To make money in the crypto world, it's really not reliant on news. The greater the impact of the news, the harder it is to make money. This time you won, but next time you might lose. Therefore, to truly make money, a stable market is needed; it can't be running around every few days. The movement of the capital market ultimately depends on the flow of large funds. ======================= At that time, the market seemed to have no bottom; I could only gradually buy the dip. Every time it fell, I would buy the dip again because the market was completely influenced by news! I 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 take profits on short trades! ======================= The purpose of tariffs is to create the illusion of recession, to pressure negotiations globally, and to resolve trade deficits, not to genuinely cause a collapse. This round of operations has largely achieved these two objectives. The global economy is undergoing a financial reshuffling, with the three major U.S. stock indices dropping over 30% from their peaks, Bitcoin down over 35%, and gold prices soaring. ====================== 🌹When will the Federal Reserve lower interest rates? Although the equal tariffs have been suspended, the United States still imposes a 10% basic tariff globally, and the 125% tariff on East Asia will also severely impact prices in the United States. As long as inflation remains high, the Federal Reserve will not lower 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 to lower interest rates. In simple terms, do not expect the Federal Reserve to lower interest rates in the short term. ======================= 🌹Will Bitcoin continue to fall next?—It is important to pay attention to tonight's CPI and interest rate cuts. The US CPI data for March will be announced tonight, and currently, due to the 90-day tariff extension, the market has significantly reduced bets on a May interest rate cut. ======================= The CPI and PCE data for May are difficult to reflect the overall impact, and will gradually manifest starting in June. The Federal Reserve 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 events overlap, it could lead to further fluctuations and declines. In summary: without Trump continuing to stir things up, the negative impact of tariffs will temporarily settle. Cryptocurrencies may see a small rally between Japan's interest rate decision days in May; if Japan does not raise 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 are all experiencing a pump. Will tonight's CPI continue the rise?
=======================
Waking up, the S&P 500 and Nasdaq surged, with the Nasdaq achieving its largest single-day rise since 2001. The reason for the surge was 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" for tariffs on 75 countries, during which tariffs will be significantly reduced to 10%, but a 125% tariff will be immediately imposed on the East.
=======================
As a result, both the US stock market and the cryptocurrency market surged. US stocks: Nasdaq +12%, Dow Jones +7.87%, S&P 500 +9.51%, Tesla +22%, Apple +15%, Nvidia +18%. Crypto assets: Bitcoin +8.13%, ETH +13.4%, SOL +11.53%.
=======================
The tariff issue has been temporarily alleviated, and the market has rebounded accordingly.
After Bitcoin broke through the resistance around 81500, it is heading towards the resistance around 83500. The hourly chart shows some pullback, and if this support around 81500 cannot effectively hold, it will test whether the 80000 level is solid. The overall market is also fluctuating with the rise and fall of Bitcoin.
======================
ETH's performance yesterday was quite good, with a rise of nearly 200 points, which is one of the reasons for the alts' rally. Currently, the trend shows support around 1570, with further support around 1510, indicating a fluctuating trend.
=======================
🌹There will be major data released tonight, and the volatility during the day will not be too large. Friends who are opening positions should pay attention after evening, as the volatility may increase.
======================= What do you think about the current market situation? Many people are starting to say that the market is stable and a bull run is coming. I want to tell everyone that this kind of pump should not be taken too optimistically; a major correction is about to begin. This sudden pump will also see a correction. First of all, this kind of pump is entirely driven by news. The more the market is driven by news, the worse the decline will be. You can refer to the last strategic reserve call; the logic is almost identical and there is no difference.
=======================
Secondly, at present, the entire market lacks any substantial positive news and does not increase the popularity of the crypto circle. It is all just bubble talk. The existing funds are being shuffled around. If we want to drive the market up, it must be done slowly, gradually accumulating positions, and letting funds enter the market slowly. This is the proper rhythm of a bull market, rather than this quick in-and-out approach.
=======================
In the end, the bull did not come, and the bull did not leave; it was just driven by news. To make money in the crypto world, it's really not reliant on news. The greater the impact of the news, the harder it is to make money. This time you won, but next time you might lose. Therefore, to truly make money, a stable market is needed; it can't be running around every few days. The movement of the capital market ultimately depends on the flow of large funds.
=======================
At that time, the market seemed to have no bottom; I could only gradually buy the dip. Every time it fell, I would buy the dip again because the market was completely influenced by news! I 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 take profits on short trades!
=======================
The purpose of tariffs is to create the illusion of recession, to pressure negotiations globally, and to resolve trade deficits, not to genuinely cause a collapse. This round of operations has largely achieved these two objectives. The global economy is undergoing a financial reshuffling, with the three major U.S. stock indices dropping over 30% from their peaks, Bitcoin down over 35%, and gold prices soaring.
====================== 🌹When will the Federal Reserve lower interest rates? Although the equal tariffs have been suspended, the United States still imposes a 10% basic tariff globally, and the 125% tariff on East Asia will also severely impact prices in the United States. As long as inflation remains high, the Federal Reserve will not lower 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 to lower interest rates. In simple terms, do not expect the Federal Reserve to lower interest rates in the short term.
=======================
🌹Will Bitcoin continue to fall next?—It is important to pay attention to tonight's CPI and interest rate cuts. The US CPI data for March will be announced tonight, and currently, due to the 90-day tariff extension, the market has significantly reduced bets on a May interest rate cut.
=======================
The CPI and PCE data for May are difficult to reflect the overall impact, and will gradually manifest starting in June. The Federal Reserve 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 events overlap, it could lead to further fluctuations and declines. In summary: without Trump continuing to stir things up, the negative impact of tariffs will temporarily settle. Cryptocurrencies may see a small rally between Japan's interest rate decision days in May; if Japan does not raise 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