Ethereum Gas Fee Soars to 113 Gwei

On April 10th, the US Dollar Index (DXY) witnessed a short-term drop of more than 10 points. It showed an intraday decrease of 1.00% and is currently trading at 101.92. (Forex10)

On April 10th, Nick Timiraos, a reporter of "The Wall Street Journal" and known as the "Fed Whisperer", wrote that analysts are anticipating that the March Consumer Price Index (CPI) report will be relatively moderate (this is the last report that is not affected by tariffs). Analysts' expectations for the overall CPI monthly rate are 0.08%, and the core CPI monthly rate is 0.24%. If the prediction proves to be accurate, then the overall CPI annual rate will be 2.5%. The core CPI, at 3.0%, will reach its lowest level in four years.

On April 10th, the opening price of BABY on OKX was 0.16 US dollars, and it is currently trading at 0.117 US dollars.

On April 10th, as monitored by LookOnChain, a trader @izebel_eth went long on BTC and ETH at the bottom on Hyperliquid yesterday. The unrealized profit reached $1.17 million. ? The trader went long on BTC at $75,511 with a leverage of 20x. ? The trader went long on ETH at $1,428.86 with a leverage of 25x.

On April 10, an EU diplomat stated that the EU is giving consideration to suspending the retaliatory tariffs it had planned to impose against the US on April 15 for a period of 90 days. (FX168)

On April 10th, Trump announced a 90-day suspension of "reciprocal tariffs" on the majority of trading partners. This announcement inspired a global rally in risk assets. The S&P 500 surged by 9.5% in a single day. The crypto market also rebounded in sync. BTC rebounded from 75K to approximately 83K, achieving a daily gain of more than 8%. XRP benefited from the listing of ETFs and policy optimism, surging by over 13% in a day. Bitunix Analyst Suggestion: Trump's move indicates his high sensitivity to market volatility and the economy. Despite the rebound in risk appetite, funds still partially flowed into gold and US bonds, suggesting that there is still a demand for safe-haven assets in the market. BTC currently needs to focus on the 83K resistance level. Whether it can break through this level is crucial for short-term trends. The support level is in the range of 78.5K - 80K. If this support level is broken, BTC may retreat to 75K.