Bitunix Analyst Highlights Bitcoin Volatility Amid Trump’s Tariff Pressure, Eyes Key Support at 108,000 and Resistance at 110,348

According to a recent analysis by Bitunix, the ongoing tariff pressures initiated by the Trump administration have contributed to heightened volatility within the cryptocurrency market. Market participants are advised to closely monitor the critical short-term support level at 108,000, which serves as a key indicator of market stability. Additionally, the resistance threshold near 110,348 remains a pivotal point for potential price reversals or consolidation phases. Investors and traders should exercise caution and consider these technical markers when strategizing their positions, as external macroeconomic factors continue to influence crypto asset performance. This nuanced market environment underscores the importance of integrating geopolitical developments with technical analysis to navigate the current financial landscape effectively.