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The recent rebound in the market is fundamentally triggered by the news that Trump announced a temporary exemption on tariffs for certain electronic products. Initially, the market was filled with anticipation, hoping that this favourable information would drive a significant rise in the market. However, reality has been disappointing, as the disconnect between Trump and the Secretary of Commerce in the pace of policy advancement has caused a sudden chill, cooling the market's enthusiasm. From Trump's perspective, he likely intends to cancel tariffs in the short term. This decision has multiple considerations: on one hand, it could stabilize market sentiment, drop the 10-year interest rate, and thereby reduce the risk of economic recession; on the other hand, it could prevent the relationship with Wall Street from continuing to deteriorate. However, the Secretary of Commerce acted prematurely by publicly disclosing a plan that should have remained confidential, leading the market into confusion, leaving investors at a loss about how to choose.
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The 4-hour chart of Bitcoin is stabilizing above the trend line and consolidating with a rebound. It has now returned to oscillate around the mid-range, which can be considered as breaking the weak correction pattern in the short term. It has entered a wide range of oscillation between 86000 and 83000. As long as it does not break yesterday's low, it can be seen as the bulls preparing for an upward momentum. In terms of operation, it is necessary to adjust the thinking in a timely manner according to the shape. The oscillating market seems strong, but the space for continuation is insufficient. Frequent changes in the market. The 1-hour chart has shown a wave of upward oscillation, initially stabilizing above 83000. Whether it can break higher is the key to space continuation, and it is not ruled out that the price will enter a contraction oscillation at the beginning of the week. Observing the space while moving.
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Ethereum's net inflow today has exceeded Bitcoin for the first time, with the price soaring to a peak of 1691 in the afternoon. If it can maintain above 1650—1680 in the short term, there is a possibility of a rebound to test higher resistance levels of 1720-1750. Therefore, in the short-term strategy, the focus is on buying the dips, and we will consider reversing to catch corrections only when it reaches the key resistance zone and shows signs of pressure.
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