On the evening of April 7, the Bitcoin market experienced a "Black Monday," with prices plummeting from $78,710 to below $75,000, a single-day drop of over 7%, marking the largest single-day decline in nearly two years. This sudden crash was mainly caused by three factors: first, the new U.S. tariff policy triggered turmoil in the global financial markets; second, miners were forced to sell Bitcoin due to declining profits; finally, market liquidity continued to shrink, leading to heightened risk-averse sentiment among investors. On the 8th, the market迎来关键转折点. $75000 has become an important dividing line in the battle between bulls and bears. If this support level can be held, the market is expected to see a technical rebound. It is worth noting that there are only 1953 blocks left until the Bitcoin halving, and historical experience shows that prices often rebound after halving. The continued accumulation by institutions such as Tether has also injected confidence into the market. The market enlightens us: although short-term fluctuations are intense, long-term value still exists. Investors should remain rational and seize investment opportunities brought by market adjustments while controlling risks. As industry experts say: "Every squat in the market is for a better jump." The current market condition is both a test of investors' patience and an examination of value judgment. #下行市场风险对策 #CPI & PPI 数据将公布 #美联储降息预期及影响 #BTC #ETH #Risk Strategies in Down
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin market analysis from April 7 to 8, 2025
On the evening of April 7, the Bitcoin market experienced a "Black Monday," with prices plummeting from $78,710 to below $75,000, a single-day drop of over 7%, marking the largest single-day decline in nearly two years. This sudden crash was mainly caused by three factors: first, the new U.S. tariff policy triggered turmoil in the global financial markets; second, miners were forced to sell Bitcoin due to declining profits; finally, market liquidity continued to shrink, leading to heightened risk-averse sentiment among investors.
On the 8th, the market迎来关键转折点. $75000 has become an important dividing line in the battle between bulls and bears. If this support level can be held, the market is expected to see a technical rebound. It is worth noting that there are only 1953 blocks left until the Bitcoin halving, and historical experience shows that prices often rebound after halving. The continued accumulation by institutions such as Tether has also injected confidence into the market.
The market enlightens us: although short-term fluctuations are intense, long-term value still exists. Investors should remain rational and seize investment opportunities brought by market adjustments while controlling risks. As industry experts say: "Every squat in the market is for a better jump." The current market condition is both a test of investors' patience and an examination of value judgment. #下行市场风险对策 #CPI & PPI 数据将公布 #美联储降息预期及影响 #BTC #ETH #Risk Strategies in Down