From a technical perspective, the breakout of the downtrend line continues to look bullish to 88000 or above. Recently, I also mentioned in a live broadcast that Trump's tariff war has reached its peak and will only lead to continuous compromises. Yesterday, Trump exempted the semiconductors used by Apple from tariffs, indicating that Trump's tariff policy is under significant pressure and he has to make various compromises. Additionally, U.S. Treasury bonds continue to be sold off, with 6 trillion U.S. Treasury bonds set to mature in June. Trump fundamentally lacks the confidence to escalate the tariff war further. The short-term market is not reversing; it is merely a bottom rebound. I believe there will be a third bottom-testing market ahead, which may be a war against the digital RMB bridge settlement system that the U.S. has launched against us.
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Qianlai_er416
· 04-14 04:03
followed you, Brother Dao. Let's witness it together with time. I also look forward to going up first and then down.
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BornForGood3913
· 04-14 00:18
Gate.io News bot message, based on Wu's analysis of macro indicators, last week's US CPI and PPI inflation data were both below expectations. The Federal Reserve's March monetary policy meeting minutes recorded the views of most officials on the persistence of inflation. This week, the market focus shifts to the European Central Bank's interest rate decision and the speech by Federal Reserve Chairman Powell. Source: Wu
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ShinyTrader
· 04-13 16:31
You made a good chart, but everything still depends on Trump; it's unclear what he will do.
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Alp1234alp
· 04-13 11:09
You made a good chart, but everything still depends on Trump; it's unclear what he will do.
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Nopandi1101
· 04-13 08:39
sangat kgpyfigoddkjkdtsygjhjgtsghh
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BillingMustBeCorrect
· 04-13 05:35
Is it that 88 arrives first or does it bottom out below 80,000?
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XiaoYuxin
· 04-13 05:27
The boss means that BTC still has to reach a new low, and Ether is even more doomed. Please advise.
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GateUser-19134c7a
· 04-13 05:08
The boss means that BTC has to reach a new low, and Ether is even more doomed. Please advise.
From a technical perspective, the breakout of the downtrend line continues to look bullish to 88000 or above. Recently, I also mentioned in a live broadcast that Trump's tariff war has reached its peak and will only lead to continuous compromises. Yesterday, Trump exempted the semiconductors used by Apple from tariffs, indicating that Trump's tariff policy is under significant pressure and he has to make various compromises. Additionally, U.S. Treasury bonds continue to be sold off, with 6 trillion U.S. Treasury bonds set to mature in June. Trump fundamentally lacks the confidence to escalate the tariff war further. The short-term market is not reversing; it is merely a bottom rebound. I believe there will be a third bottom-testing market ahead, which may be a war against the digital RMB bridge settlement system that the U.S. has launched against us.
Source: Wu