21Shares: It is most important for BTC to remain above the $80,000 range, and the impact of tariffs will soon become clear

President Trump is expected to announce large-scale tariffs, including reciprocal tariffs, later on Wednesday. Valentin Fournier, chief analyst at BRN, said that Trump's speech is a key risk event because his remarks have always been unpredictable - wavering between threats of large-scale tariffs and commitments to restrained reciprocal trade policies. Given this uncertainty, it is expected that volatility in the cryptocurrency market will intensify. If market expectations fall short, there may be downside risks. It is recommended to remain cautious and reduce overall exposure to digital assets until tariff uncertainty is eliminated.
Matt Mena, a cryptocurrency research strategist at 21Shares, was slightly more optimistic. He stated that it's most important for BTC to stay above the $80,000-$81,000 range; otherwise the possibility of retesting the recent low point of $76,500 becomes increasingly likely. However BTC might consolidate between $81k-$85k until all impacts from tariffs become clearer.(The Block)