新闻和分析

Cardano (ADA) is up 0.8% to $0.6430 this week, slightly underperforming the broader crypto market as Bitcoin (BTC) adds 2.8% to $85,830. The rally follows encouraging developments on the global trade front, where U.S. President Donald Trump has reduced tariffs on Chinese electronics to 20% and pledged exemptions for car imports.

These moves signal a temporary easing in the U.S.–China trade conflict, with markets now expecting a pause in tariff escalations for the next 3–4 months. The improved sentiment is fuelling risk-on appetite across crypto markets, pushing BTC closer to its key resistance range at $91,000–93,000.

For Cardano, this broader market momentum opens the door for a potential 7–8% upside move toward $0.6900–0.7000. Despite some signs of whale selling, ADA may still benefit from the rising tide—especially if Bitcoin breaks decisively above the $93,000 level.

Gold prices have surged 23% since the beginning of 2025, hitting an all-time high of $3,245 per troy ounce and far outpacing the metal’s decade-long average annual gain of 5%. However, the rally now appears overstretched, with mounting technical signals pointing to a potential reversal.

The precious metal has broken above the upper boundary of its long-standing ascending channel, forming what appears to be a developing diamond top pattern—a classic signal of an impending correction. Should prices decline toward the $3,000 mark, the pattern would be nearly complete, suggesting a possible shift in market sentiment.

I see a drop to $3,000–$2,950 per ounce as the primary target zone, with a deeper retracement to $2,700–$2,750 seen as a secondary possibility. A stop-loss will be set at $3,440 to account for potential short-term volatility and to protect against false breakouts.

Maker (MKR) is up 3.4% to $1,397 on Monday, outperforming the broader crypto market where Bitcoin (BTC) is rising by 1.2% to $84,581. The move comes amid a wave of improved market sentiment, driven by both macroeconomic factors and bullish technical positioning.

The recent rebranding of Maker to SKY had only a limited immediate impact on price, as MKR continues to consolidate on dips. However, broader optimism is being fuelled by easing geopolitical tensions—specifically, U.S. President Donald Trump’s decision to reduce tariffs on Chinese electronics to 20.0%. While framed as temporary, the move is seen by markets as a symbolic retreat that could pave the way for reciprocal de-escalation by China.

This softening tone significantly reduces inflation risks, increasing the likelihood of Federal Reserve rate cuts. A dovish shift from the Fed would be highly supportive of both equities and digital assets, including MKR.

Technically, MKR is consolidating near a key resistance level at $1,500. This setup, coupled with BTC’s advance above $83,000 and its potential breakout toward $91,000–93,000, presents a strong bullish case. A confirmed move through resistance could propel MKR into a new rally phase, with upside targets above $1,500 in play.

Trump's international trade poker, which I described to you in more detail about a week ago, is currently working in Trump's favour, as the MAGA leader is seemingly holding the threads of tariff war spirits firmly in his hands, including the Chinese silk thread, but at the same time it is not at all in favour of the American Dollar. Which, however, may also be a cure for America's huge trade deficits, by the way. But that's not what traders are thinking about, of course. The Greenback's strength against a basket of other major currencies dropped below 99.00, in terms of the US Dollar index futures (USDX), and this actually happened for the first time since April 2022. It doesn't look like a high-wire act, since there was already a similar situation of USDX weakness in 2017-2021, and no one's died because of it, but for many ordinary people it rather gave a great chance to earn more money on currency speculations.

Right now, the biggest gainer has been the Swiss Franc with its still quasi safe haven status, as USDCHF has plopped down by about 750 basis points, from 0.88 at the very beginning of the month to almost 0.80, where it was last seen in the summer of 2010, on the way out of the great financial crisis of that time. USD/JPY also skipped six large figures from 148 to 142 for less than 30 hours, which was greatly supported by much weaker than expected US inflation indicators on Thursday afternoon. A minor 2.4% annualized CPI rise vs 2.8% a month ago has revived hopes for another Federal Reserve's interest rates cut, although only 30% of futures traders are still betting on such a dovish action on May 7, according to the FedWatch tool. However, 65% investors feel that a 0.25% interest rates cut may happen in June to prevent threats of recession due to trade battles, while more signs of reduced price pressure will allow this mission to be accomplished by the financial regulator.

Gold price achieved its new all-time high around $3,250 per ounce on the weaker US Dollar and trade war escalations, nearly hitting my previous target price I wrote before. Meanwhile, EURUSD is also about to hit my supposed 1.15 target, peaking at just a 27 points distance below the landmark. The Euro rally was probably facilitated by President Xi Jinping's address to Spain’s prime minister today in the morning that China and the EU should join together in defending globalisation and opposing "unilateral acts of bullying", which was clearly against Trump’s tariff guidelines. In his first public comments on the point, Xi said there could be "no winners" in any trade war, while the EU had a key role to play in ensuring global economic stability. On the same day, French president Emmanuel Macron called Trump’s decision to delay reciprocal tariffs for 90 days a "fragile" pause. In his recent post on X, former Twitter, Macron argued that the "partial suspension of American tariffs for 90 days sends out a signal and leaves the door open for talks,", but "this pause is a fragile one," he said, noting that Trump’s 25% tariffs on European steel, aluminum, and cars remain intact, as well as a broader 10% tariff on all other products, and the halt only means 90 more days "of uncertainty for our businesses, on both sides of the Atlantic and beyond". Although Macron mentioned potential negotiations with the White House, the frightened money fleet moved from the US to Europe at a speedy pace. Well, fortune favours the brave, but for me, both persons are not strong enough against American trade pressure.

The squeezing of short positions against the Greenback in all major currencies already took place later when investors became more convinced that three consecutive attempts to decline of the S&P500 broad barometer to its 5,150-5,250 new support area each time faced hot purchases from those bottoms. In terms of the foreign exchange market developments, it may turn out that growth above 1.15 on EUR/USD is still possible, but far from being guaranteed. And so, trades in both directions within the price ranges of 150 to 200 points already look more reasonable. The next hypothetical targets like 1.18 simply may not be reached at all if deep buying on US stocks intensifies next week. In this scenario, a pullback to at least 1.12 on the Euro will be inevitable, with a simultaneous rebound in USD/CHF and USD/JPY. Spontaneous uncertainty in currency pairs may then return until the world trade situation stabilizes, as even the same EURUSD had returned to 1.0888 after the first spike to 1.1150 in the first three days after Trump's announcement on April 2.