$ETH $PEPE The Ethereum Foundation announced that the Prague client will go live on April 21.
The upgrade was finally completed on May 7. This means that Ethereum, which has been silent for a long time, may finally start to show strong performance.
If you have doubts about the trend of Ethereum, you might want to pay attention to Pepe.
Pepe belongs to the Ethereum ecosystem, but its performance is far stronger than that of Ethereum.
This month, Ethereum and Sol have both fallen below previous lows, while Pepe has not dropped below its low since hitting the bottom in early March.
It is reported that many whales have entered the market to buy.
As the 'leading meme coin' in the Ethereum ecosystem, Pepe's performance is even stronger, with a larger increase.
Thus, in terms of participating in the Prague upgrade trend, Pepe may be a better choice. What do you think?
Trump's tariff policy and the storm in U.S. Treasuries and stocks
Trump's suspension of tariffs for 90 days is due to the collapse of the U.S. Treasury market, which actually aligns with economic logic.
Tariffs will lead to a reduction in trade deficits; in the past, other countries earned dollars and then...
Use it more as foreign exchange reserves, and then purchase U.S. Treasuries or other dollar-denominated assets.
However, now, due to Trump's tariff policy, both China and Europe will see a decrease in the amount of dollars earned.
As a result, their holdings of U.S. Treasuries and U.S. stocks are bound to decrease in the future.
This explains why U.S. stocks, the dollar, and U.S. Treasuries were all hit hard last week.
Although there was a rebound in U.S. stocks afterward, which was pleasing, the situation for the dollar and U.S. Treasuries remains grim.
Therefore, the assertions by financial giants like Morgan that the U.S. will fall into recession are not without basis.
The potential impact of a U.S. economic recession on the cryptocurrency market and U.S. stocks
Once the U.S. really falls into a recession, the cryptocurrency market and U.S. stocks are likely to fall again.
But don't panic just yet; after a recession, the Federal Reserve often engages in large-scale monetary easing, leading to a bull market.
From the outcome, one scenario is a slow economic recovery leading to a bull market.
Another scenario is to experience a sharp decline first, followed by a significant rebound leading to a bull market, which ultimately leads to the same outcome.
But the question is, if a recession really occurs, can you hold on until Powell (the then-chairman of the Federal Reserve, representing the Fed's decisions) comes to rescue the market? This is a key issue that investors must consider.
Investment advice
Based on the above situation, investors should try to hold physical assets in long-term investments.
For leveraged trading, make sure to set stop-loss orders and strictly control risks.
After all, before the Federal Reserve eases monetary policy, the market is filled with various uncertainties.
You must remain highly vigilant at all times to respond to all possible situations; everyone must take this seriously!
