Bitunix Analyst: Brazil Plans to File Tariff Lawsuit in the US; BTC's Next Resistance at 114,000, Support at 109,000

BlockBeats News, August 28 — On August 28, Brazilian Finance Minister Haddad stated that Brazil may file a lawsuit in a US court against the US government's 50% tariff, and warned against weaponizing the US dollar. This move intensifies friction between the US and Brazil and fuels discussions about de-dollarization, becoming a variable for capital flows and risk appetite in emerging markets.

In terms of cryptocurrency, the BTC liquidation heatmap shows a concentration of liquidations and orders at 114,000, which serves as the main pressure level; resistance above is at 116,800; support below is at 112,000 and 109,500–110,000.

Bitunix analysts suggest:

This event is part of a long-term legal and policy contest, with limited short-term impact on liquidity. The key remains the trend of the DXY and the pace of tariff implementation. If the controversy over "weaponizing the US dollar" escalates and settlement diversification spreads, it will benefit the medium- to long-term narrative for BTC; conversely, a stronger US dollar will suppress valuations. It is recommended to pay attention to legal actions between the US and Brazil and US Treasury yields, while also observing whether 114,000 can be broken through and stabilized.