There was a lot of homework done on the weekend. In the last 24 hours, Trump announced that the US steel tariff would be doubled to 50%, and nothing else. This information itself has two sides. It must be good for relevant enterprises in the US, but it is not very friendly for enterprises that need steel as raw materials, such as automobiles, because this information was announced after the closing of the US stock market on Friday, so the specific response will depend on Monday. Recently, many times we have announced some news after the US stock market closed, and it may have been gradually digested on Monday. Today, BTC's reaction was still good, returning to around $104500, indicating that investors' emotions did not panic. However, the trading volume over the weekend was still very low, and the current price is difficult to reflect the real market performance. We still need to wait until the US stock market opens on Monday to see. Looking back at the data of Bitcoin, as we enter the weekend, the turnover rate continues to decline, but the main traders are still short-term loss making investors. Coincidentally, I also chatted with some friends today, and they all expressed that they are not very optimistic about the market situation in the coming period. Moreover, the data also shows that there has been a considerable outflow of funds from the US stock market in the past week. But for the market, I still feel that there is currently no substantial bearish trend in the overall direction. Tariffs and monetary policies have not had a significant impact on the current trend of the risk market. The Federal Reserve's release of the Beige Book next Thursday and Friday's non farm payroll data will be more important, especially the unemployment rate and employment data. In terms of support, the range of $93000 to $98000 is still the best support range and is currently very stable. Although the chips around $102000 continue to increase, these short-term chips are currently difficult to form effective support. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex