Bitcoin and altcoins decline simultaneously... US-EU trade conflict triggers risk aversion sentiment spreading

Source: TokenPost Original Title: Bitcoin and Altcoins Move in Sync… Risk Aversion Spreads as US-EU Trade Conflict Resurfaces Original Link:

Bitcoin and Altcoins Adjust Together… Reignition of US-EU Trade War Sparks Risk-Off Sentiment

The trade conflict between the US and the EU(EU) has resurfaced, with Bitcoin(BTC) and major cryptocurrencies facing downward pressure. Some analysts believe that, in the short term, risk aversion sentiment may strengthen, and the weakness in the digital asset market could persist.

According to reports, Bitcoin has confirmed support at around $92,000(approximately 135.52 million yuan), but downward pressure remains. Subsequently, many altcoins have also turned at key resistance levels, showing an overall weak pattern.

Market analysts predict that if the US-EU trade war escalates, a “Risk-Off(Risk-Off)” atmosphere will form in the market. Especially gold and silver, seen as stores of value, hit record highs, while Bitcoin continues its weak trend. Network economist Timothy Peterson commented on social media that “Gold and Bitcoin will eventually move together, but along different paths.”

Bitcoin Short-term Support Level Testing… Watch $87,000

Bitcoin is currently testing the technical rebound possibility at the 20-day exponential moving average(EMA) of $92,625(approximately 1.36 million yuan). Analyst Kpunuevo pointed out that “the $87,000(approximately 128.23 thousand yuan) and $80,500(approximately 118.60 thousand yuan) ranges in early 2026 will become important support levels.”

If this range holds, a rebound towards $97,924(approximately 141.18 thousand yuan) may occur, and breaking through $100,000(approximately 147.34 thousand yuan) is also expected. However, if support is broken, prices may fluctuate within the $84,000-$97,924(range in the short term.

Mainstream Altcoin Trends… Technical Uncertainty Increases

Ethereum)ETH( is consolidating within a symmetrical triangle pattern, seeking direction. Major moving averages are showing horizontal movement, with market participants watching for a breakout or breakdown. A breakout above resistance targets $3,569)approximately 52,600 thousand yuan(, while a breakdown below support targets $2,623)approximately 38,640 thousand yuan(.

XRP broke below the 50-day simple moving average at $2)approximately 2,946 yuan(, indicating weakness. The $1.61)approximately 2,372 yuan( to $1.25)approximately 1,842 yuan( range is a key support zone. Failure to rebound could lead to sharp declines.

BNB broke below the 20-day EMA at $912)approximately 1,340,000 yuan(, but buying at lower levels pushed a rebound during trading. If it breaks through $960)approximately 1,414,000 yuan(, the upward momentum may strengthen; otherwise, if it falls below the 50-day SMA at $884)approximately 1,300,000 yuan(, correction may extend to $790)approximately 1,164,000 yuan(.

Solana, Dogecoin, and Cardano in Technical Adjustment Zone

Solana)SOL( has reversed downward at the $147)approximately 216,600 yuan( resistance level and is currently testing the 50-day SMA at $132)approximately 194,500 yuan(. Short-term fluctuations may stay within the $117-$147)range.

Dogecoin(DOGE) is attempting to rebound from the support at $0.12(approximately 177 yuan). If it recovers the moving averages after the rebound, it could rise to $0.16(approximately 236 yuan). However, breaking support risks falling back to $0.10(approximately 147 yuan).

Cardano(ADA) fell below the moving averages and dropped to support at $0.33(approximately 486 yuan). A rebound might retest the $0.50(approximately 737 yuan) level, or the correction could extend to support at $0.27(approximately 398 yuan).

Bitcoin Cash Under Pressure… Failure to Rebound May Drop to $518

Bitcoin Cash(BCH) fell below the 50-day SMA at $594(approximately 875,000 yuan) last weekend, increasing the likelihood of a bearish reversal. Currently at the 20-day EMA( at $608)approximately 896,000 yuan(, strong selling pressure is expected. If it cannot break through, it may decline to $518)approximately 763,000 yuan. If a rebound occurs, there is also a short-term possibility of breaking back above $631approximately 930,000 yuan.

Gold and Silver Remain Strong While Digital Assets Falter… Market Direction Still Uncertain

Gold and silver hit record highs, leading a safe-haven asset preference, but cryptocurrencies like Bitcoin are showing weakness in the short term. If the US-EU trade conflict becomes prolonged, investor sentiment toward digital assets may further decline, requiring caution regarding short-term volatility. However, some experts point out that, from a long-term perspective, the possibility of Bitcoin moving in tandem with gold warrants attention.