Forex Analysis & Reviews: 01.04.2025 - Traders pause ahead of key...

Live Chat

InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

Account Opening

See also

Trading Conditions

Forex Analytics

Charts

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

How to start trading

Useful information

Training and recordings

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

PAMM System

ForexCopy System

Passive investments

OYS account

Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

Become Partner

Main Page

Partner Area

Advantages for Affiliates

Registration

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Bonuses

Contests

Events

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

Full details

Forums

We are in social networks

Forex humour

Forex Portal

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

Learn More

History

Why Choose Us

InstaSport

Regulation

Company News

Awards

InstaForex Stars

InstaForex Offline

Headquarters

Key documents

Social Responsibility

InstaForex - Official partner of Dragon Racing

01.04.2025 10:44 AM

Traders pause ahead of key event

Bitcoin's price has stabilized around the $83,000 mark as investors brace for a major announcement from US President Donald Trump on tariffs, expected to be made tomorrow. Other leading cryptocurrencies posted modest gains over the past 24 hours. XRP rose by 0.41% to $2.11, while Solana added 0.2% to reach $126.4. BNB, Dogecoin, Cardano, and Ethereum also saw slight upward movement.

It is clear that the market is currently in a holding pattern, as the full scope of Trump's trade war plans has yet to be revealed. The president is expected to introduce several major tariffs on April 2, a date some have labeled "Liberation Day." His announcement of reciprocal tariffs for US trade partners could trigger a global trade war, with negative implications for risk assets.

Some investors, however, believe the impact may be less severe than initially feared, viewing the recent decline as a preemptive reaction to anticipated trade measures. If no new or unexpected developments are revealed, the cryptocurrency market may find room to recover. Moreover, the long-term outlook remains positive, supported by rising institutional interest and the expanding utility of blockchain technologies. Continued innovation in the space continues to attract attention and capital, laying the groundwork for future growth.

At the same time, traders are urged to remain cautious and account for risks associated with volatility and regulatory uncertainty, although the potential for buying opportunities during downturns remains. Many traders still prefer to stay on the sidelines until greater clarity emerges.

It is worth noting that the crypto bull run, which began after Trump's re-election in November last year, lost momentum following the president's announcement of broad tariffs on foreign goods. That move triggered a broader market correction, which dragged down both equities and digital assets. The first quarter resulted in a significant pullback, and any recovery from this point will likely be gradual.

After peaking above $108,000 in January, Bitcoin dropped below $80,000 last month, coinciding with the imposition of hefty tariffs on goods from Canada, Mexico, and China. Compounding the pressure, the latest Consumer Price Index (CPI) data came in hotter than expected, raising concerns that the Federal Reserve may delay interest rate cuts for a prolonged period.

From a technical perspective, BTC buyers are currently aiming to reclaim the $83,600 level. A breakout above this mark would open the path toward $84,300 and then to $85,200. The most distant bullish target lies near $86,900, a breakout above which would confirm a return to a bullish market trend. On the downside, buyer interest is expected to be around $82,600. A decline below that support could push BTC down to $81,800, with a final bearish target near $81,000.

Ethereum is attempting to hold above the $1,864 mark. A confirmed move higher would pave the way toward $1,893. The furthest upside target remains the $1,928 zone, which would also signal a return to a bullish cycle if breached. In case of a pullback, buyers are expected near $1,831. If that level fails, ETH could quickly fall to $1,806, with extended downside potential toward $1,773.