BlockBeats News, September 26th. The U.S. core PCE data released later today is expected to remain steady (0.3% monthly, 2.9% yearly), showing that inflation is still within a manageable range. On the same day, Trump announced steep tariffs of 25% to 100% on items such as trucks, furniture, and pharmaceuticals, effective from October 1st. While this move may not impact the current PCE, it could create one-time inflationary pressure, deepening market concerns about economic slowdown. Overall, the Fed may adopt a more conservative stance, while the market continues to bet on future rate cuts, causing the crypto market to simultaneously experience the dual emotions of “inflation hedging” and “pressure on risk assets.”
Regarding the crypto market, it has continued to decline this week, with BTC currently fluctuating around $109,000. Key liquidity support is forming around $108,000, and a breach of this level would test the $106,000–$107,000 range. On the upside, $110,000–$112,000 is a concentration of long positions’ stop-loss points, $116,000 is a major resistance level, and any breakthrough would need to be accompanied by a significant influx of funds.
Bitunix Analyst Recommendation
The tariff effect will increase market uncertainty, and investment sentiment may oscillate between “rising inflation” and “slowing growth.” In the short term, caution is advised, with the BTC support area focused on $10.8k–$107,000 and resistance observed at $11.8k and $12.0 million. It is recommended to control leverage before and after data releases, gradually deploy funds, and strictly adhere to stop-loss measures to cope with potential volatility.
