Trading Warning: To be profitable in trading, having the right mindset and trading attitude is a prerequisite for success. Before trading, we focus on analyzing the relationship between historical prices and future prices, with the aim of evaluating and judging what is going to happen based on the formed analytical facts. However, from a practical perspective, this is merely the first step in a long journey.

Compared to practical investments in real gold and silver, the focus should be more on studying the technical distribution characteristics of prices to establish operable segments of the market.
24-Hour Important Information in the Cryptocurrency Circle
1. A dormant Bitcoin whale has transferred 20,000 BTC after 14 years, causing market turbulence.
2. The U.S. House of Representatives will explore the framework for cryptocurrency taxation, which may affect industry policies.
3. Recently, companies in the Shanghai and Shenzhen markets have been frequently questioned about their stablecoin strategies, leading to a surge in market attention.
4. Vitalik Buterin initiated the EIP-7983 proposal to enhance Ethereum's resistance to DoS attacks.
5. Michael Saylor may disclose Bitcoin accumulation data, and the market is closely watching.
6. This week, Ethereum spot ETF saw a net inflow of 219.1 million USD, with institutional funds continuing to increase their positions.
7. The UAE denies issuing golden visas to cryptocurrency investors.
8. The Federal Reserve's meeting minutes may maintain the expectation of no interest rate cut in July, and the market is paying attention to possible adjustments in September.
Tuesday is the day when Trump announces the latest tariffs. According to current information, Japan will not back down to the United States, and Europe is also unlikely to let Trump have his way. If Trump really imposes a 30% or even 50% tariff on Europe, it will have an extremely negative impact on the market.
Now we will see whether Trump can stay tough as he claims, or if he will back down on the last day? Because the previous 10% tariff has already caused prices in the United States to start rising. If additional tariffs are implemented comprehensively this time, inflation in the U.S. will only worsen, corporate profitability will decline, and layoffs and economic recession are highly likely.
The only turning point now is if Trump changes his mind; his bottom line has always been very flexible. He previously said he would impose tariffs, then suddenly paused. The results announced next Tuesday are hard to predict.
However, regardless of the outcome, the United States will impose additional tariffs compared to before. Inflation is certain to rise in the coming months; the only difference is whether it will rise moderately or significantly. The bull market may need to wait until the Fed intervenes in September to set sail again.
Last night, Bitcoin tested the upper resistance level near 110,000, appearing strong, but it is still not advisable to recklessly go long based on this. The conditions for going long here are very stringent! If this upward test can continue to around 11.05, pay attention to the opportunities for shorting above; if it cannot break above, then look for shorting opportunities after it returns to the descending channel.