In one hour, it will be the anniversary of '3.12'. For those who don’t know about the big drop on 3.12, you can take a look at the chart below: Bitcoin fell 50% in one day;
At this moment, it is just like back then!
Currently: Trump's tariff policy, expectations of economic recession, and the correction of overvalued tech stocks; Tesla's market value has halved from its peak, and the U.S. stock market has crashed; Back then: The COVID-19 pandemic triggered a liquidity crisis, and the U.S. stock market experienced three circuit breakers;
Compared to that time, the bad aspect is that the Federal Reserve's interest rates are currently too high, 4.5 > 1.5; the good aspect is that the current market is more mature, but policies and macro factors have a deeper impact.
Today, the U.S. stock market continues to decline. If there is another '3.12' this time, then the debuff of the '3.12' date will be fully stacked! Let's wait and see!
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