On Saturday (2.1) Trump signed a decree to impose a 25% customs duty on goods from Canada and Mexico, as well as 10% on goods from China. Over the weekend, the crypto market immediately transitioned into a void, btcdaily candlestick is currently in a downward structure. However, the daily candlestick has already fallen three times in a row, it is not recommended to follow the fall, you can try to open a selling position in case of a rebound to 10w-102700.

Each time, SOL corrects BTC from the beginning, and when it stops falling and rebounds, the first step will be taken. The daily candlestick MACD will soon reach zero, and the range of 202.25-196.85 usually experiences a strong rebound. The maximum resistance level is in the range of 223-227.
There has been a prevailing pessimism in the market recently, and many even believe that the bull market has ended and the bear market has begun. The short-term situation is indeed not ideal, and the difficulty is increasing. However, the bull market is not over yet, and the belief in the long-term BTC cycle remains unchanged. The introduction of tariffs certainly has a negative impact, but this is a short-term influence, and the market has a high ability to absorb it. In 2017, Trump also imposed a 10% tariff on China, and the price of BTC soared from $1,000 at the beginning of the year to $20,000 in mid-December. December 2017 was the time of the highest point in the second cycle of BTC halving, 17 months after the halving date.
In the short term, we still need to be patient. There will be two more interest rate cuts this year, which will be the time of the bull run. But after the last interest rate cut, it will mostly mean the end of this bull market.