Bitunix Analyst: Trade War May Trigger Recession, Risk-off Sentiment Persists, Bitcoin Fell 14.36% Last Week, Watching for Price Reaction at $80,000 Support

On March 10th, the Bitunix analyst stated in a post that in March 2025, China officially imposed additional tariffs on U.S. agricultural products. The tariff rate ranges from 10% to 15%. The escalation of this round of tariff measures indicates an intensification of the Sino-U.S. trade tension. Agricultural product prices may rise, further driving up inflationary pressure and affecting the global supply chain. Additionally, investors may shift to safe-haven assets to preserve capital. Analyst's recommendation: Bitcoin may attract attention in this kind of economic uncertainty. Currently, the Bitcoin price is fluctuating between $79,000 and $83,000, with support at $80,000 and resistance at $84,000. Investors should pay attention to the impact of global economic events on the cryptocurrency market, operate cautiously, and avoid blindly following trends.