#XRPETF Trump suspended the "reciprocal tariffs" for most countries for 90 days, alleviating market concerns about the trade war and providing short-term benefits to risk assets. Ethereum (ETH) had previously faced pressure due to tariff policies, with the price dropping to $1,796 on April 24, a decline of 13.8% compared to 30 days ago. After the suspension of tariffs, market risk appetite has rebounded, but ETH is constrained by technical weakness (such as the ETH/BTC exchange rate hitting a new low of 0.02) and competitive pressures from Solana and others, making the rebound potential weaker than that of Bitcoin. If subsequent policies stabilize, ETH may recover with the broader market to the resistance level of $1,850, but the risk of Trump’s policy reversals must be watched closely.