BitUnix analyst: Trump's tariff pressure intensifies, causing volatility in the cryptocurrency market, focusing on short-term support of 108000 and changes in pressure level of 110348

律动BlockBeats|Jul 04, 2025 12:20
BlockBeats News: On July 4th, US President Trump announced that he will issue new tariff notices to trading partners as early as Friday to strengthen pressure ahead of the July 9th negotiations. This move marks a possible new round of escalation in the United States' global tariff policy. The market is concerned about the further deterioration of global trade, which will affect the economic outlook. The US dollar is fluctuating, and the safe haven asset gold price is strengthening in the short term.
The price of Bitcoin is currently consolidating around 108849, constrained by the previous high pressure of 110348, and a large number of empty clearing points are concentrated in this area. Although the price has broken through the downward trend line, it has encountered resistance in the pressure zone. If it falls below 108000 in the short term, it will return to the supply-demand imbalance zone.
BitUnix analysts suggest that BTC is currently at a critical turning point, and if it stabilizes at 108000, it is expected to challenge around 110348 and the upper clearing zone of 112000; On the contrary, if it falls below, it will retest the support range of 106000~105000. It is recommended to carefully plan short-term operations in conjunction with macro risks, lean towards interval trading, and manage positions properly, avoiding emotional trading.
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