Although the United States has begun to resume work today

CN
Phyrex
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18 hours ago

Although the United States has begun to resume work today, the liquidity of the entire market has not yet returned to the state it was in before the New Year. This can be seen from the trading volume, which, while higher than during the holiday, is still significantly lower compared to last week. This also indicates that Asian investors still hold a certain share in the market. The most important event this week should be the inquiry by the U.S. Supreme Court regarding Trump's tariffs on Saturday morning Beijing time.

It is still unclear whether there will be a final conclusion. If there is indeed a conclusion, that would be good news. If deemed lawful, although it is not friendly to U.S. inflation, it would enhance Trump's credibility and aid the Republican Party in the midterm elections. If deemed unlawful, it would affect the Republican Party's midterm elections but could help with U.S. inflation.

Moreover, the most important thing is that Trump can no longer intimidate the market with tariffs. Since Trump's second term began, many impacts on the market have stemmed from tariffs, and these two words have caused significant market fluctuations.

Looking at Bitcoin's data, it is similar to expectations; the turnover rate is not high and the trading volume is also low, indicating that most quantitative institutions have not returned to normal working conditions. The low turnover rate does not exert much pressure on the price, and overall it remains relatively normal.

According to URPD, the chip distribution remains healthy, and investors trapped at high levels are still calm. From the current situation, unless there are more severe negative conditions, the bottom at $60,000 should still be quite solid. Let's wait and see the outcome of Trump's tariff judgment.

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