“The Trump Tariff Pause of the Pause Offers “Breating Space” While Keeping Pressure on China, Said One Analyst.”, – WRITE: www.coindesk.com
Solana’s Sol and Dogecoin (Doge) Rose Over 4%in The Past 24 Hours, Leading Gains Among Majors, With XRP (XRP), Bnb Chain’s Bnb, and Tron’s Trx Up Between 2%. ETHER (ETH) WAS DOWN 2.4%, Continuing A Dismal Run That Has Seen It Lose 12% in the Past Week Despite MOST Majors Down 2% on AVERAGE IN THE SAME Period.
The Wednesday AnnounCement of a 90-Day Pause on New Tariffs-Excluding Those on China-Sparked A Brief Relief Rally Across Risk Assets Action Showed Signs of Bottoming in What Could Set The Stage for A Push Town $ 100,000 by Year-End.
“The surprise policy pivot temporarily soothed Market Anxiety, Driving Short-End Crypto Vols Lower. Still, We Advocate Caution Calls Show Long-Term Optimism.
Ming Wu, CEO OF RABITX, Called It A Market U-Turn. “The Markets Just Did A 180-Degree Turn After President Trump’s Recent AnnounCement of A 90-Day Pause on Tariffs, Excluding Those on China. The Policy Shift Has Injected A. Leading to a Sharp Rally in Both Equities and Cryptocurrencies, ”He Said in a Telegram Message to Coindesk.
Wu Noted Easted Trade Fears, Saying The Pause Offers “Breating Space” While Keeping Pressure on China.
Technically, wu sees a setup for the surge. “From a technical personic person, Prior to the Announcement, Markets Had ExperienCed Significant Decklines, Pushing Many Stocks Into Oversold Territory,” HE ExpLAINED. The Tariff News Trigered a Short Squeze, with Buyers Jumping in at at Key Support Levels, Amplifying the Rally.
Ryan Lee, Chief Analyst at Bitget Research, Highlighted Bitcoin’s 6% Jump from Thursday.
“We saw a btc’s Over 6% Surge, Reclaiming the $ 80k Level After Trump’s AnnounCement to Pause New Tariffs, WHICH SPARKED A BROAD Crypto Rally,” HE SAID IN AAID.
Lee Sees Strong Demand from Institutions and Long-Term Holders, Viewing BTC As A Hedge Amid Uncertainty.
“Looking Ahead, The Sustainability of This Momentum Hinges on Continued Macro Clarity, Technical Strength, and Market Sentiment, with $ 80k Now a Key Level to Watch. MidWek $ 80k and $ 85k, with A Bullish Case Pushing Toward $ 85k IF Risk Appetite Perses or PullBack to $ 78k- $ 79K IF UNCERTAINTIES RESURFACE. Lee ended.
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