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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Analyst: The suspension of tariffs is only a temporary respite, and the market's wait-and-see sentiment remains strong.
Jin10 Data reported on April 10th that institutional analyst Chris Stadele stated that while the suspension of tariffs is good news, we still need to consider whether there are any substantial changes. He emphasized again that this is just a 90-day suspension, and this tariff war is still not over. This "suspension" may bring more uncertainty to businesses that need to make decisions today but have planned months in advance. Prior to the announcement, the trading volume of CME's Emini S&P 500 futures was relatively low, indicating that given the fluctuations we have seen in recent days, investors are cautious about taking on bullish or bearish risks. At this early stage, no one knows whether the rebound that occurred in the past hour was due to short positions being covered or investors' "risk appetite." I'm not trying to sound like a "super bear," I just want to remind everyone to remain cautious; as for tariffs, we have not yet gotten out of the woods.