What stage is the market currently in? Let T God briefly share his views 🎯

✅ Last week, a tweet from Trump brought the trade war back into our view, as the three-month tariff suspension is about to expire. China and the U.S. need to reach a new trade agreement by November 10, so the recent moves from both countries are mainly to increase their negotiation leverage. Interestingly, this time the proactive side has changed to China, which is restricting U.S. ships from docking and controlling rare earths. Trump saw this and was very angry, so he announced a 100% increase in tariffs on China. However, later he also showed that he is a very capricious person, suddenly changing his mind over the weekend and saying everything is fine, and the cryptocurrency market began to slowly rebound again.

✅ T God thinks this incident is simply raising high and then gently putting it down, ultimately ending up like the previous conflict between Trump and Musk, just fading away. The ones who always get hurt are retail investors. However, we cannot change the market; we can only continuously change our strategies and thinking.

✅ After the crash on Saturday, market sentiment fell into extreme panic, with funding rates being negative. If we consider the situation from last year or the beginning of this year, I might have taken the opportunity to buy on dips. However, since this rate cut, the market has not felt as ideal to me; many times, the rises are merely technical rebounds, and prices are precarious. Therefore, with Trump's announcement of increased tariffs, the market could collapse instantly.

✅ I had previously mentioned on October 2 that my absolute view was bearish on the daily and weekly charts. Sure enough, within 10 days, we saw the largest liquidation in history on October 11, reaching 19.1 billion. Many in the cryptocurrency market were liquidated, but those who believed in me not only did not lose money but also made significant gains. Moving forward, I believe that after the crash, we can take some short-term longs for a rebound; however, the overall direction remains bearish. Regarding the market, it is very likely that we are at the end of a bull market now; in spot trading, it is best to sell on highs, as most coins are near high positions. Low-multiple long-term shorts can be considered for positioning gradually #美国加征关税