🌹Trump's tariffs take effect, global assets plummet! Bitcoin shooting star and inverted hammer pattern! TSL benefits!

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Trading Warning: Stop-loss is not weakness, but holding onto a position is a deadly poison.
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Investment is a process of continuously understanding things, whether from top to bottom or from bottom to top. The fundamental purpose is to recognize the essence of things and grasp the objective laws of their development. The more information you have about the development of things and the deeper your understanding of the laws, the more favorable it is for your investment decisions.
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🌹Trump's tariffs take effect: Trump really knows how to stir things up. At the beginning, he announced a 10% reciprocal tariff, and the market was quite excited, with Bitcoin once having hopes of hitting $90,000 and the US stock market seeing significant gains. However, Trump's words have become increasingly twisted; it turns out that the tariffs would be adjusted equally based on the 10% reciprocity. This means that for the tariffs that other countries impose on the US, dividing by 2 gives the tariffs the US imposes on other countries, with a minimum of 10%.
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In other words, if any country imposes a 10% tariff on the United States, then the United States will also impose a corresponding 10% tariff on that country, but this does not include automobiles, as the tariff on imported cars is a flat 25%. Of course, there is a bug here; Trump also acknowledged that investing in building factories in the United States and expanding employment can offset tariffs. I remember that South Korea's Hyundai promised to build factories in the U.S. and provide over 1,400 job opportunities, at which time Trump said they would be exempt from taxes.
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🌹Of course, this information is positive for American automotive companies, as the cost of imported cars has risen. Tesla rose by 5.3% at closing. The market share is as shown in the image below 1👇
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Bitcoin was affected by tariffs early yesterday morning, forming a shooting star and inverted hammer, once again testing the support at the 82000 range. The four-hour chart shows a bearish engulfing pattern with a long wick candle, and the bearish sentiment has fully materialized. The 80,000 level remains the strongest support in the short term, and we will soon begin a bottoming trend until a U-shaped reversal occurs. The Asian market saw a slight rebound, and we should pay attention to the price action at the opening of the U.S. stock market tonight, as there is an expectation of a small-scale shooting star and inverted hammer in line with the U.S. stocks.
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🌹The explanation of the market trend is shown in the following image 2👇
1-4 is the structural trend path
5-11 is the buying and selling zone.
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Regarding the pullback in the previous segment, the range between 0.5 and 0.618 is considered a buy-sell zone. Upon reaching this range, one can look for extensions of 1.382 to 1.618 or 2 to 2.618 (which are also buy-sell zones).
5 is the retracement buy zone of 0.5~0.618 for path 1, and extending to 6 (1.382~1.618) sell zone to look for a reversal.
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7 is the retracement of path 3 at 0.5~0.618 (selling area), extending to interval 8 (1.382~1.618) buy area looking for reversal.
8 is the extended buying zone of path 3 (1.382~1.618).
9 and 8 are overlapping buy zones, with 9 being the retracement of path 2 at 0.5~0.618 (buy zone). Here it looks to extend to 1.382~1.618 (11) (93500~96000). If this overlapping buy zone range breaks down, the structure will fail, but it has not been broken yet.
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10 is the extension of path 4, 2~2.618 (sell zone), and this sell zone overlaps again with the sell zone of 9 and 8, so a long position can be arranged.
The first pullback of path 4 is still 0.5~0.618, which is not marked in the figure, and here is a triple overlap.

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