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January 22 BTC/ETH:
EU counterattack begins, Trump softens?
A few days ago, due to trade tariff friction, the EU started retaliatory selling of US bonds. The rise in Japanese bond yields had already put US bonds in a precarious position. Now, with the EU selling off bonds again, Trump finally couldn't withstand the pressure. He made a statement this morning to abandon tariffs related to Greenland to ease tensions, and cryptocurrencies began to rebound. An analysis as fierce as a tiger, with gains and losses all depending on Trump!
BTC
The current market finally ended the six consecutive daily declines and turned positive. It just retested our second target support at 8700 and started to rebound. This round of rebound is mainly driven by positive news. Technically, the structure still favors the bulls. The short-term rebound correction has not stabilized above 9050 on the four-hour chart, so the market may test lower again.
Range around 9050-9100, support at 9180, target 8930, break below to look at 8720-8520.
ETH
Range around 3042-3067, support at 3112, target 2975, break below to look at 2910-2864.
Short-term trading is flexible; stop-loss decisions depend on your actual position! $BTC #欧美关税风波冲击市场