On April 4, 2025, Federal Reserve Chairman Jerome Powell stated that President Donald Trump's new tariffs were larger than expected, and this could lead to higher inflation and slower growth in the economy.
In a speech at a business journalists conference in Virginia, Powell said, "Looking ahead, high tariffs will show their impact on our economy and will likely raise inflation in the coming quarters."
The Fed Chairman emphasized that it would be too early to make an immediate change in monetary policy due to current uncertainties, stating, "It is still too early to say what the appropriate path for monetary policy will be."
These statements raised concerns about the economic impacts of the new tariffs from the Trump administration. Powell noted that the Fed remains committed to bringing inflation back to a sustainable 2% target.
Additionally, President Trump commented on his social media account, saying, "This would be a perfect time for Fed Chairman Jerome Powell to lower interest rates."
Markets experienced fluctuations following these developments, with significant declines observed, particularly in technology sector stocks.
Economists are warning that high tariffs could increase inflation and slow economic growth.
Let's examine the liquidation data for Bitcoin $BTC and Ethereum $ETH on the Binance exchange. In the last 24 hours, a total of 124,335 investors were liquidated, and the total liquidation amount reached 285.81 million dollars. The largest single liquidation order was worth 9.94 million dollars in the trading pair $ETH /#USDT on the Binance exchange.
Additionally, the current prices and changes over the last 24 hours are as follows:
Bitcoin (BTC): 82,674.0 USD, change from previous close -1,802.0 USD (-2.13%)
Ethereum (ETH): 1,827.08 USD, change from previous close -76.69 USD (-4.03)
This data is significant in understanding the current volatility of the market and the levels at which investors had to close their positions. Particularly, large liquidation events can indicate that price movements have occurred contrary to investor expectations.
Bitcoin $BTC Let's examine the liquidation map of $BTC . According to CoinGlass data, a total of $2.13 million worth of liquidations occurred on Gate.io in the last 24 hours. Of these liquidations, $158,490 came from long positions, and $1.98 million came from short positions. This indicates that the vast majority of liquidations (92.58%) occurred in short positions in the last 24 hours.
This data is important for understanding the current volatility of the market and the levels at which investors had to close their positions. Especially the high liquidation rate in short positions suggests that price movements may have occurred in unexpected directions for short position holders.
Additionally, Bitcoin's current price is at $82,620, showing a decline of 2.04% compared to the previous close. The intraday high price recorded is $84,567, and the lowest price is $81,617.
In light of this information, closely monitoring the liquidation levels and price movements in the market will be beneficial for risk management.
First of all, avoid high leverage when opening a position. Although it may seem profitable at first, it can cause you to lose much more than you gained in a single trade.
Don't refrain from setting a Stop-Loss.
If you're not very wealthy, avoid "Cross" trading.
Risk management is very important; don't enter a single trade with all your money. In some cases, keep enough funds in your account to lower your liquidation level.
If you are opening a Cross trade, you really need to have a substantial amount of money. If you find yourself in a losing position, you can add to the trade where necessary.
In some cases, cutting losses is important; it's better than losing more.
Cryptocurrency is not a game of chance, and it's definitely not gambling. If you have the intention of playing games of chance or gambling, you are not in the right environment.
Avoid opening trades without learning technical and fundamental analysis.
Don't constantly just "copy" someone else's trades. This will only get you so far. If you are here, don't hesitate to learn. Research, continually update yourself.
$BTC $ETH $BTC Technical Analysis Guide for Beginners
Technical analysis is a method used to predict future price movements in financial markets. It is also commonly preferred in the cryptocurrency world. In this guide, we will cover basic information about technical analysis.
What is Technical Analysis?
Technical analysis is a method of analysis that attempts to predict possible future price changes based on past price movements and trading volume. This analysis utilizes price charts and various indicators.
Basic Indicators of Technical Analysis
1. Bollinger Bands (BB)
Bollinger Bands are used to understand whether the price is at overbought or oversold levels.
Lower band: Generally considered a support level.
Upper band: Evaluated as a resistance level.
Middle band: Typically shows the moving average and provides clues about the direction of the price.
2. CCI (Commodity Channel Index)
CCI measures how far the price is from the average price over a certain period.
Above +100: Overbought region
Below -100: Oversold region
3. MACD (Moving Average Convergence Divergence)
MACD is used to determine the direction of the trend.
If the MACD line crosses above the signal line: Buy signal
If the MACD line crosses below the signal line: Sell signal
Chart Reading and Patterns
Some common patterns seen in cryptocurrency markets are:
Support and resistance levels: Points where the price reacts when it reaches a certain level.
Trend lines: Lines used to determine the overall direction of the market.
Head and shoulders pattern: A model that indicates trend reversals.