Trump extends tariff deadline, BTC short-term pressure at $110,348

On July 8, U.S. President Trump announced that the deadline for reciprocal tariffs would be postponed to August 1. Due to the tariff policy, the exchange rate of the U.S. dollar against other currencies rose to a new high in over a week. So far, only a very few countries have successfully reached agreements. During this period, the U.S. has made negotiation progress with the UK, Vietnam, and China. Trump also warned countries not to retaliate. The BTC daily chart shows it is still under pressure at the 110,348 resistance level.

Analysts suggest: BTC previously showed demand zone reaction between 106,000–107,000, and the liquidation heatmap also indicates a large number of open long positions at 107,000, forming support. The short-term key resistance level for BTC is at 110,348, and if it breaks through, it may challenge 112,800. In terms of operation, it is recommended to go for short positions without chasing highs and pay attention to the liquidity accumulation area at 107,000–106,000. If it falls below 106,000, the thinking will shift to bearish.

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LuckyHashValuevip
· 07-11 08:49
Just finish with the coin.
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UncleLiquidationvip
· 07-11 08:25
Rebound is not enough.
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ForumMiningMastervip
· 07-08 09:28
This kind of volatile market deserves to be Tied Up.
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airdrop_huntressvip
· 07-08 09:28
Block pros buy the diping
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AltcoinHuntervip
· 07-08 09:16
It's got that vibe. At a glance, it's this year's last sucker harvesting machine.
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