Bitunix analyst: Trump's tariff pressures intensify, causing fluctuations in the crypto market, follow the changes in the 108,000 short-term support and 110,348 resistance level.

BlockBeats news, on July 4th, U.S. President Trump stated that he would issue new tariff notifications to trade partners as early as Friday to strengthen pressure before negotiations on July 9th. This move marks a potential new round of escalation in U.S. global tariff policy. The market is worried about further deterioration in global trade affecting economic prospects, leading to fluctuations in the dollar and a short-term strengthening of safe-haven asset gold prices. The price of Bitcoin is currently consolidating around 108,849, constrained by the previous high pressure of 110,348, with a large number of short order liquidation points concentrated in that area. Although the price has broken through the downward trend line, it encounters resistance in the pressure zone. If it falls below 108,000 in the short term, it will return to the supply-demand imbalance area. Bitunix analysts suggest: BTC is currently at a key turning point; if it holds above 108,000, it is expected to challenge 110,348 and the liquidation area around 112,000 above; conversely, if it breaks below, it will test the support range of 106,000~105,000. It is recommended to combine macro risks for short-term operations with a cautious layout, leaning towards range trading, and to manage positions properly, avoiding emotional trading.