On June 6th, the conflict between former U.S. President Trump and Tesla CEO Musk was fully exposed, escalating from social media banter to political and business threats. Trump accused Musk of "taking government subsidies while criticizing policies" and threatened to terminate his contracts and support; Musk countered by accusing Trump of ingratitude, even hinting at his involvement in the Epstein case. The conflict caused Tesla's stock to drop 14% in a single day, intensifying market concerns about tech stocks and overall risk sentiment. The two quickly turned from political allies to adversaries, putting Musk under pressure from both corporate and credibility perspectives. Short-term political uncertainty may disrupt stock market, tech stocks, and cryptocurrency market sentiment.
Bitunix analyst recommendations:
With political risks heating up, investor sentiment is becoming more conservative, and crypto assets may face short-term corrections. From a technical perspective, BTC faces resistance at $105,000, and if unable to break through, it may continue to trend downward, with support at $100,000. Recommended to control positions, remain cautious, and wait for tonight's non-farm data to further clarify market direction.
