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Good morning sirs,
Yesterday there was no "Black Monday". In the early morning, Trump announced possible adjustments to tariffs on imported cars and auto parts, boosting market sentiment. In the morning, the S&P and others also closed higher.
#BTC is still fluctuating around $85,000. Even if Trump continues to adjust tariffs and eases measures, releasing positive news, the price rise may not be very high. There is resistance at $86,600 and $87,700 (Our current TP), and it has already increased by $10,000 since rising from $75,000.
Now it's a tug-of-war over whether to cut interest rates, but the emotional impact is more influenced by economic data at the end of the month.
Speaking of #ETH, since BTC hasn't broken through strongly, it's natural that ETH in the $1,650-$1,700 range hasn't broken through either. The Grayscale ETH spot ETF's staking application has been postponed, and according to the timeline, it is estimated to be in June.
It seems we still haven't seen BlackRock's application. As long as the process advances, it will be positive for ETH, but im not sure about directly jumping to $2,000.
For now, we still have a BTC long trade open with TP at $86,800 - $87,000.