On June 26, Apollo's chief economist Slocke warned that the United States is at a stagflation turning point, as Trump's comprehensive tariff increases have led to simultaneous economic slowdown and rising inflation. Apollo predicts that by 2025, GDP growth will drop to 1.2%, inflation will rise to 3%, and unemployment will exceed 5%, with a potential recession this summer. Tariffs suppress corporate and consumer demand through supply chains, and stagflation limits the Federal Reserve's policy space, increasing market volatility and hedging needs.
Bitunix analysts suggest: Currently, the United States is conducting intensive negotiations with major trading partners, including unfinished agreements with the EU, Japan, South Korea, India, Vietnam, and others. If stagflation becomes a reality, it will be unfavorable for medium-term performance of risk assets, and the cryptocurrency market may face pressure from profit-taking and liquidity withdrawal. BTC's key support is at $103,000, with resistance at $110,500; it is recommended to operate conservatively, raise stop-loss awareness, avoid high volatility periods, and continue to pay attention to trade negotiation developments.