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Nvidia shows bitcoin-like move; can Trump tariff refunds send it higher

Nvidia shares have rebounded about 23 percent from a late-March low and are testing a key resistance level, with some analysis likening its pattern and volatility to bitcoin. Options indicators show a declining put-call ratio, suggesting reduced demand for downside protection. A U.S. Supreme Court ruling deeming Trump-era reciprocal tariffs illegal has prompted expectations of large tariff refunds, which could ease Nvidia’s import cost burden. Technical targets hinge on a breakout above $201.75.