#数字资产市场动态 $BTC trend shows that the phenomenon of low turnover rate is quite obvious. Short-term traders are offloading chips, but long-term holders remain very steady, with no signs of panic deepening. The risk from the tariff wave has been temporarily alleviated, and now it has become a tug-of-war at the policy level.

The chip structure remains very stable, and there are no signs of collapse. More interestingly, a large amount of chips are accumulating around $90,000. The concentration in the $83,000 to $92,000 range is a bit excessive, and holders clearly have little desire to sell.

This morning, Trump’s side directly TACO (thinking they found a way out), but Europe didn’t cooperate smoothly and instead responded with tough words. Just be a bit softer, but they insisted on fighting back verbally—what happened? Europe started to get serious about US assets. The head of a Nordic pension fund straightforwardly stated that the risk premium for holding US assets has increased.

Now the market is again in a difficult situation. Although the tariff pressure has dissipated, if Europe continues to withdraw from US assets, the impact will be significant. Once European funds shift US assets from low-risk allocations to high-risk premium modes, US stocks, US bonds, and the dollar—these three anchors—will all come under pressure simultaneously.

From a technical perspective, consider going long when the price dips to around 84,780-83,780, and look at the rebound target in the 88,900-93,000 range.