On April 2nd, US time, which is April 3rd, Beijing time, the tariffs will start to be implemented, meaning the negative impact will be fully realized and the positive impact will begin. Before that, there will still be a wave of sharp declines to lure short sellers. In the days leading up to that, there will actually be a slight rebound to stabilize prices, but we will need to see how the US stock index futures perform on Monday.
Current reference points:
1. C2C prices have slightly increased, indicating that capital is entering the market, and there is a sentiment to buy the dip.
2. The price of USDC/USDT has started to decline.
3. XRP shows signs of stabilization.
Although there will be a rebound in the next couple of days, it still feels a bit lacking. The reason for choosing XRP as a reference point instead of other cryptocurrencies is that during the last round of increases, XRP reacted the quickest and surged the fastest, while it was also the first to stall and start correcting downward. Additionally, ETH currently has no reference value and feels more like a bomb that could explode at any moment.
For aggressive investors, it is advisable to enter in the next couple of days, while conservative investors should wait a couple more days. Personally, I will wait another two days before trading $BTC $XRP .