$BTC Hits New Highs, Breaking Through Liquidity Walls; Increased Expectations for September Rate Cut May Exacerbate Market Volatility 🌊
On July 10, U.S. President Trump announced the launch of "Reciprocal Tariff 2.0" starting August 1, raising market concerns about renewed inflation and supply chain pressures. Meanwhile, the Federal Reserve's June meeting minutes revealed significant disagreements among officials regarding the timing of rate cuts. If tariffs push up prices, it will further curb the scope for easing in the short term 💥
Bitunix Analyst Suggests 📊
Due to increased macroeconomic uncertainty, coupled with the fact that $BTC has already swept through the main liquidation zone and supply area above, the risk of chasing long positions in the short term is relatively high.
💡 Investors are advised to observe whether it steps back to the 110,300–110,500 support zone and stabilizes in the short term. If it falls below 110,000, attention should be paid to the 105,000–102,500 support range below. It is still necessary to pay attention to the CPI data released on 7/15 as a key basis for subsequent policy direction ✅
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