Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
FUNDAMENTAL
OVERVIEWThe Nasdaq futures opened lower today following Trump’s escalation over Greenland. In fact, the US President threatened to impose 10% tariffs starting on February 1 on the UK, France, Germany and a few other European countries unless the U.S. is permitted to buy Greenland. The tariffs will rise to 25% from June 1 in case of no deal.As seen last year, risk-off moves caused by Trump’s tariffs stemmed from growth worries. Growth expectations are the main driver of stock markets and when something leads to negative expectations, we generally get selling pressure until those expectations are corrected. Everyone is now waiting for the famous TACO (“Trump Always Chickens Out”) trade. The market’s focus in now on this latest escalation, so monitoring the developments will be key and will offer trading opportunities. The risk sentiment will likely stay on the defensive until we get some clear de-escalation from Trump. If things escalate further, we should see more downside before Trump eventually folds.As a reminder, the US cash equity markets are closed today for Martin Luther King Jr. Day.NASDAQ TECHNICAL
ANALYSIS – DAILY TIMEFRAMEOn
the daily chart, we can see that
the Nasdaq broke out of the rising wedge to the
downside following Trump’s escalation over Greenland. The natural target is
generally the base of the wedge, which in this case stand around the 24,900
level. We might need further escalation or just no positive developments to
keep the bearish pressure intact. If the price gets there, we can expect the dip-buyers to step in with a defined
risk below the 24,900 level to position for a rally into new all-time highs.
The sellers, on the other hand, will look for a break lower to increase the
bearish bets into the 24,200 level next.NASDAQ TECHNICAL
ANALYSIS – 4 HOUR TIMEFRAMEOn
the 4 hour chart, we can see that
the price has fallen to the first key swing level around 25,270. This is going
to be the first dip-buying opportunity with a defined risk below the swing
level. The sellers, on the other hand, will want to see the price breaking
lower to increase the bearish bets into the 24,900 level next.NASDAQ TECHNICAL
ANALYSIS – 1 HOUR TIMEFRAMEOn the 1 hour chart, there’s
not much we can add here as the buyers will likely start piling in around these
levels to position for a rally into new highs, while the sellers will wait for
a break lower to increase the bearish bets into the next key level.UPCOMING CATALYSTSTomorrow we have the weekly US ADP jobs data. On Thursday, we get the latest US
Jobless Claims figures. On Friday, we have the US Flash PMIs. Watch out also
for headlines and Trump’s posts on Truth Social regarding Greenland as the
market’s focus remains on this latest trade war.
This article was written by Giuseppe Dellamotta at investinglive.com.
💡 DMK Insight
Trump’s tariff threats are shaking up the Nasdaq futures, and here’s why that matters: escalating trade tensions could lead to increased volatility across markets. With the Nasdaq futures opening lower, traders should keep an eye on how this geopolitical maneuvering impacts tech stocks, particularly those with significant European exposure. If the tariffs go into effect, we might see a ripple effect on earnings forecasts, which could push major indices lower. Watch for key support levels in the Nasdaq; a break below recent lows could trigger further selling. On the flip side, this could create buying opportunities in sectors that benefit from domestic focus or those less reliant on international trade. As we approach February 1, monitor sentiment shifts and any retaliatory measures from affected countries. The real story is how this could reshape market dynamics in the coming weeks, especially if traders start pricing in a more prolonged trade conflict.
📮 Takeaway
Watch for Nasdaq support levels; a break could signal deeper losses, while geopolitical tensions may create buying opportunities in less affected sectors.
