Federal Reserve Chairperson Jerome Powell said there will be no immediate policy response to Trump's new round of trade tariffs, nor will he rush to cut interest rates due to market volatility and recession expectations. Recently, the crypto market has been weighed down by global trade war fears and a correction in US stocks. Powell's remarks further weakened market expectations for easing policy, which is not conducive to bulls pushing up prices in the short term.
Bitunix analysts point of view: BTC short-term pressure range of $84,500 - $83,800, short-term support 80,000 dollars, if the BTC price can not hold steady 80,000 dollar mark, will enter a deeper adjustment zone, traders are advised to control positions, strict implementation of stop loss, waiting for the situation to further clear.
Bitunix analyst: Powell releases hawkish signal, market liquidity expectations decrease, BTC may test 80,000 USD again
2025-04-05 07:20:16
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