On Sept 30, Trump announced new tariffs of 10%–25% on Canadian softwood and lumber products, effective Oct 14. This move may push up building material costs, pressuring U.S. housing and consumer goods prices, while intensifying the tension between inflation risks and slowing growth. Though limited in scope, the measure heightens volatility as markets await the Fed’s next policy moves.
At the macro level, the tariffs represent a one-off supply shock rather than a structural shift, but could keep the Fed cautious in the near term. Equities, commodities, and crypto assets may all see elevated volatility.
Crypto market: BTC has key short-term support at 110k–112k, with secondary support at 107k–108k. Resistance sits at 116k–118k; a confirmed breakout with capital inflows could drive tests of 122k–125k. Current range trading leaves the market vulnerable to liquidation cascades.
Bitunix Analyst Advice
Lumber tariffs pose a temporary inflation shock but, combined with political and policy uncertainty, could delay Fed easing. Crypto sentiment remains caught between “liquidity optimism vs. inflation risk.” Key BTC levels: support at 110k–112k and 107k–108k; resistance at 116k–118k, with potential to challenge 120k on breakout. Risk control and patience remain key until direction clears.
