Bitunix Analysts: Timber Tariffs Fuel Inflation Concerns, DXY Remains in Range Trading

ChainThink report, on September 30, Trump announced that tariffs on Canadian softwood and wood products will take effect from October 14, with rates ranging from 10% to 25%. This move will temporarily increase construction material costs, putting pressure on U.S. housing and consumer goods prices, intensifying the contradiction between inflation and economic slowdown. Although the event itself has limited impact, concerns about "supply-side inflation" have risen in the market before the Federal Reserve's interest rate cut expectations remain unclear, leading to increased volatility. In the macro market, this measure is a one-time supply shock, which does not change the long-term inflation trajectory, but may strengthen the conservative tendency of the Federal Reserve's policy in the short term.

Stocks and commodity markets may continue to experience high volatility, with crypto assets also affected. In the crypto market, BTC has a long stop-loss zone between 110k–112k, which constitutes a key short-term support; the secondary support lies between 107k–108k. The strong resistance area is between 116k–118k, where short stops are concentrated. A breakthrough would require significant capital inflow to push BTC toward the 122k–125k range. Currently, the price is in a range-bound fluctuation, and even slight capital movement can trigger a liquidation surge, further amplifying volatility.

Bitunix analysts suggest that the inflationary effect from the wood tariff is a short-term shock, but when combined with political and policy uncertainties, market sentiment can quickly reverse. Investors should pay attention to whether the Federal Reserve will delay rate cuts due to inflation concerns. In the short term, the crypto market remains in a tug-of-war between "easy monetary expectation vs. inflation risk," making it prone to sharp corrections. Support levels to watch are 110k–112k and 107k–108k, while pressure is concentrated at 116k–118k. A valid breakout could challenge the 120k level. It is recommended to cautiously control leverage and patiently wait for clarity in direction.