Walk Trader

#TariffsPause The President of the United States, Donald Trump, said this Wednesday that he authorized a 90-day pause as part of his tariff plan, while announcing an increase in tariffs on China to 125% with immediate effect.

BTC Under pressure with more downside risk

BTC trading in a descending channel on the daily time frame. Trade wars are also affecting stocks and bitcoin. Until the tariff narrative changes, further declines are expected with BTC.$BTC #BTC☀

#StopLossStrategies The stop loss is a risk management tool in trading that allows you to limit losses on a position in the market. It involves setting a predetermined price at which a trade is automatically closed if the market moves against you. Thus, it helps protect the trader's capital by avoiding larger losses in case the market does not move as expected. It is a key strategy for controlling risk in investments.

#CryptoTariffDrop The President of the United States, Donald Trump, ratified the imposition of tariffs of 25% on products from Mexico and Canada, and 10% on Chinese products. These measures caused declines in the markets, including the cryptocurrency market. For example, Bitcoin (BTC) plummeted to $91,837 per token.

Additionally, Ether (ETH) and other altcoins recorded double-digit losses due to these tariffs. The total market capitalization of crypto decreased by 11.4%, standing at $3.17 trillion.