BlockBeats News, September 8th: In the largest-scale airstrike since the Russian invasion, a major government building in the center of Kyiv caught fire, resulting in casualties and infrastructure damage in multiple areas. U.S. President Trump has made it clear that he is prepared to initiate the “second-stage sanctions” against Russia. U.S. Treasury Secretary Yellen has also revealed that the U.S. and Europe may impose additional tariffs on countries buying Russian oil to further squeeze Moscow’s financial resources. In the macro market, as risk aversion intensifies, there is a return of demand for U.S. bonds, and the U.S. dollar index remains range-bound. Geopolitical conflicts and sanction risks may exert upward pressure on energy prices, further affecting inflation expectations. The market is focusing on the upcoming inflation data and the Federal Reserve’s future policy direction, with the potential for increased volatility in risk assets in the short term.
In the crypto market, the BTC liquidation heat map shows that liquidity is concentrated around 109,000 to the downside, with resistance in the 113,500–114,000 range. ETH continues to fluctuate above the support zone of 4,250–4,300, with resistance at 4,500.
Bitunix Analyst Recommendation:
The escalation of geopolitical conflicts and sanctions has increased market demand for safe havens, which may strengthen the U.S. dollar in the short term and put pressure on risk assets. Investors should pay attention to the trend of energy prices and changes in U.S. inflation expectations, while also monitoring the support at 109,000 and resistance at 114,000 for BTC, as well as the support at 4,250 and resistance at 4,500 for ETH.
