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K33: Potential tariff measures may become resistance for BTC price upward in July.
On July 2, The Block reported that K33 research director Vetle Lunde stated that despite July being filled with potential "Trump trade" fluctuations, including the budget proposal, tariff decisions following the restart of trade suspensions, and deadlines for encryption policies related to executive orders, cryptocurrency trading activity in July may again be sluggish, continuing another quiet summer. It is reported that the 90-day tariff suspension will end on July 9, which could prompt Trump to take new trade measures against specific countries. As seen earlier this year, tariff uncertainty often suppresses market momentum, which may pose resistance to Bitcoin's performance in the coming weeks.