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BTC80500 ETH1540 is saved!
This article discusses Trump's latest developments, recent trends in US stocks, and the influx of capital in the cryptocurrency space in three points.
1. On Wednesday, Trump announced a 90-day tariff suspension, only hardlining with China; but recent interviews show he has compromised, actively proposing a mutually acceptable agreement.
His statements in the past two days indirectly indicate that the two major negatives for the capital market are beginning to fade: first, he is no longer reckless, and under immense domestic and international pressure, the tariff suspension signals a return to normalcy, as the uncertainty that the capital market feared is gradually disappearing.
Second, one of the two superpowers has shown intent to stop the brawl.
2. This week, US stocks have become fully integrated with the cryptocurrency market, showing clear signs of human intervention.
On Monday, a false message about a 90-day tariff suspension was released, pulling the US stock market up 8% in just half an hour from last week's significant decline, only to be debunked later.
Tuesday saw a downward trend.
On Wednesday, the true news of the 90-day tariff suspension was released, with market gains comparable to those in the cryptocurrency space, and many large companies saw increases of over 20%; the official content released that day was almost identical to Monday's debunking.
3. The stablecoins that everyone is most concerned about in the cryptocurrency space have actually increased recently. At 4:27 AM on April 10, Tether Treasury minted another 1 billion USDT on the Tron Network. Based on the several hours required for issuance, they initiated the minting process at the earliest moment after Trump announced the tariff suspension.
Considering the buy volume of BTC and ETH at that time, there was indeed a massive influx of capital on the day of the suspension.
4. As China and the US gradually open dialogues, I feel that within two months, even those with severe myopia should be able to see a bull market!
Brothers and sisters,TC $ETH
April
