Evening Interpretation on April 15

Crypto Circle

ETH is in trouble: Grayscale's ETH staking feature has been blocked by the SEC again, insisting on waiting for BlackRock to step in before approving? Whales can't hold on any longer and are dumping crazily, the ETH/BTC exchange rate is already on the floor...

SOL is making moves: Canada is launching an ETF for SOL this week, and chaos is starting to unfold on-chain! RFC has sparked a wave of "meme coins" (what's up with RFC creating a wave of "meme coins" (like DB, $ETHARD, the names are outrageous), young players are working overtime to chase after shitcoins, their keyboards are about to smoke~

Bitcoin is stable: Although the US stock market opened and caused a drop, Bitcoin has surged again today, directly breaking past 86,000! If the tariff news can calm down a bit, reaching 120,000 in the second half of the year is not a dream—ETF capital inflow + MicroStrategy increasing positions + FTX's 16 billion compensation is on the way, there’s plenty of ammunition!

Trump's Shenanigans

Tariff changes: Trump boasted last week that he would announce semiconductor tariffs, but last night he didn't deliver anything, just repeating himself (even worse than the Secretary of Commerce, who at least said it would land in 1-2 months). Now the whole world sees him as a clown: France directly criticized "this guy can bargain", Japan even more firmly stated "never bow to the US", hilarious...

Automobile stocks roller coaster: The Department of Commerce suddenly hinted that automobile tariffs might be exempted, causing a collective thrill in the Japanese and Korean stock markets! But Trump changes his orders every day, his credibility is almost gone. Dalio sharply commented: this series of operations is more dangerous than the 2008 financial crisis, purely dancing on a minefield!

Fed Palace Drama: After being slapped in the face by Powell multiple times, Trump is losing it and actually wants to overturn a century-old precedent to seize "unlimited dismissal rights"! The Treasury Secretary is also subtly hinting "interviews for a new chair in the fall", the Fed is divided: Waller shouts "hurry up and cut rates", while Bostic retorts "inflation is still through the roof", onlookers are saying: hurry up and change the people to loosen up, please!

Altcoin Warning

High FDV low liquidity altcoins on CEX are pure meat grinders (referring to $ACT , #IP ), dog traders will teach you a lesson in no time—contract traders must not be stubborn, or you might lose everything!