BiyaPay Analyst: The U.S. tariff legislation intertwined with high interest rate pressures may test Bitcoin's $100,000 threshold and Ethereum's $3,000 support.

BlockBeats news, on August 4, at the beginning of August, the crypto market is under pressure, and investors need to pay special attention to the key support level of Bitcoin at 100,000 USD, while Ethereum has a key support level at 3,000 USD. BiyaPay analysts point out that macro policies have become the dominant variable in the recent market, especially with the upcoming U.S. third-quarter tariff bill and the Fed's repeated statements that there will be no interest rate cuts this year, which has intensified market uncertainty. As the dollar remains strong and global liquidity tightens, risk assets have generally weakened. Bitcoin has fallen nearly 10% from its July peak; Ethereum, facing resistance at the 4,000 USD level, has dropped below 3,500 USD and continues to seek support downwards. Although the short-term trend is under pressure, on-chain data shows that current long-term holders of BTC have not shown obvious panic selling, and the overall market structure remains robust. Through BiyaPay, users can trade BTC, ETH, and other mainstream crypto assets in real-time using USDT, and the platform supports over 200 types of crypto asset exchanges, with zero fees for spot and contract open orders trading. In the context of ongoing macro fluctuations, BiyaPay analysts recommend that investors pay attention to changes in key support and resistance areas and adjust their holdings strategies flexibly.