On June 12, the US President Trump once again drew market attention by announcing plans to unilaterally impose tariffs on multiple trading partners within the next 1-2 weeks, raising market concerns about a new round of trade conflicts. He emphasized that countries would be notified of the unilateral tax rates in writing. Additionally, Trump stated that the trade framework with China has been finalized, with China set to supply rare earth magnets, and the US will allow Chinese students to study in the country, signaling some goodwill. However, the market remains focused on his unstable tariff policy, worried about global economic pressure and increased short-term volatility in risk assets.
Bitunix Analyst Recommendation:Trump's renewed tariff threat intensifies market risk aversion, potentially causing short-term capital outflows from risk assets. While Bit has shown relatively resilient performance, caution is advised as there is a risk of retesting the $106,000 support if market panic escalates; the upside resistance is viewed at $110,350. Investors are advised to be cautious in the short term, avoid chasing high prices, and wait for the market to fully digest geopolitical risks before determining directional strategy. Additionally, attention should be paid to tonight's PPI data and initial jobless claims.
