Overview

• Bitcoin is trading around $84,900 after rebounding from a dip near $83,000, with key resistance levels identified at $87,000.
• Temporary tariff exemptions on electronics and semiconductors have provided short-term relief for tech companies while raising questions about long-term trade policy impacts.
• The Crypto Fear and Greed Index reflects persistent fear, as $380 million in liquidations occurred within 24 hours, with long positions heavily affected.
• Federal Reserve Governor Christopher Waller suggested that a return to harsher tariffs could prompt significant rate cuts to mitigate potential recession risks.
• Market analysts are closely monitoring Bitcoin’s trading levels for signs of momentum shifts, with a breakout above $87,000 seen as a potential catalyst for further gains.