Bitunix Analyst: The conflict between Musk and Trump escalates, Tesla plummets, and political risks spread. Pay attention to the short-term risks of BTC and the 105K bull-bear dividing line.
BlockBeats News, June 6, On June 6, the conflict between former U.S. President Trump and Tesla CEO Elon Musk was fully disclosed, expanding from social platforms to political and commercial threats. Trump accused Musk of "eating government subsidies and criticizing policies" and threatened to terminate his contract and support; Musk countered Trump's ingratitude and even hinted at his involvement in the Epstein case. The conflict sent Tesla's stock price tumbling 14% in a single day, adding to concerns about technology stocks and overall risk sentiment. The two quickly turned against each other from their original political allies, which also put Musk under double pressure from the company and credibility. Short-term political uncertainty is likely to disrupt sentiment in equities, technology stocks, and crypto markets. Bitunix analysts suggest: political risks are heating up, investor sentiment is becoming more conservative, and crypto assets may face a correction in the short term. From a technical point of view, BTC is under pressure at $105,000 above, and if it fails to break through, it may continue to fluctuate to the downside, and the lower support is at $100,000. It is recommended to control the position, wait and see cautiously, and wait for tonight's non-agricultural data to further clarify the market direction.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Bitunix Analyst: The conflict between Musk and Trump escalates, Tesla plummets, and political risks spread. Pay attention to the short-term risks of BTC and the 105K bull-bear dividing line.
BlockBeats News, June 6, On June 6, the conflict between former U.S. President Trump and Tesla CEO Elon Musk was fully disclosed, expanding from social platforms to political and commercial threats. Trump accused Musk of "eating government subsidies and criticizing policies" and threatened to terminate his contract and support; Musk countered Trump's ingratitude and even hinted at his involvement in the Epstein case. The conflict sent Tesla's stock price tumbling 14% in a single day, adding to concerns about technology stocks and overall risk sentiment. The two quickly turned against each other from their original political allies, which also put Musk under double pressure from the company and credibility. Short-term political uncertainty is likely to disrupt sentiment in equities, technology stocks, and crypto markets. Bitunix analysts suggest: political risks are heating up, investor sentiment is becoming more conservative, and crypto assets may face a correction in the short term. From a technical point of view, BTC is under pressure at $105,000 above, and if it fails to break through, it may continue to fluctuate to the downside, and the lower support is at $100,000. It is recommended to control the position, wait and see cautiously, and wait for tonight's non-agricultural data to further clarify the market direction.