$BTC After the tariffs issue was resolved, one ongoing geopolitical conflict is between the US and Iran, and the other is the main narrative from the first half of the year—Trump and the Federal Reserve. However, after the tariffs were lifted, the pressure on the Federal Reserve has also eased significantly, which might lead to some new developments. Looking at Bitcoin's data, the turnover rate hasn't changed much, indicating that, at least so far, the cancellation of Trump's tariffs hasn't caused much turbulence in the cryptocurrency market. But it's worth noting that Trump often likes to stir things up on weekends, and since it's the weekend again, Trump said before the market closed that he plans to impose a 10% global tax within five months based on the current tariffs. So far, the impact seems to be minimal. A rebound to around 68,330-68,830 could be a good point to short, with targets around 65,900-63,000.
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$BTC After the tariffs issue was resolved, one ongoing geopolitical conflict is between the US and Iran, and the other is the main narrative from the first half of the year—Trump and the Federal Reserve. However, after the tariffs were lifted, the pressure on the Federal Reserve has also eased significantly, which might lead to some new developments. Looking at Bitcoin's data, the turnover rate hasn't changed much, indicating that, at least so far, the cancellation of Trump's tariffs hasn't caused much turbulence in the cryptocurrency market. But it's worth noting that Trump often likes to stir things up on weekends, and since it's the weekend again, Trump said before the market closed that he plans to impose a 10% global tax within five months based on the current tariffs. So far, the impact seems to be minimal. A rebound to around 68,330-68,830 could be a good point to short, with targets around 65,900-63,000.