BlockBeats News, April 25th. Influenced by Trump's implementation of trade protectionism policies, the market's risk-averse situation has changed. The dominance of the US dollar and US Treasury bonds is being challenged, with funds flowing into gold and crypto assets. The price of gold has risen to a historic high of $3500 per ounce, and the Bitcoin ETF has also attracted continuous inflows of funds, with BTC seeing a cumulative increase of 13% since April.
Bitunix analyst recommendation: Although gold is the preferred safe haven, its price is already at a high level, so careful evaluation of allocation space is needed. Crypto assets may benefit from a reallocation of safe-haven funds. If Bitcoin cannot effectively break through the $94K resistance level in the short term, it may test the $88.5K support level. Investors are advised to pay attention to changes in market news, enhance risk management capabilities, and avoid overly concentrated asset allocation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.