In today's cryptocurrency market, various indicators have already lost their luster in front of ZC. The power of ZC's calls can forcibly turn the market into a 'Trump rhythm'! Bitcoin has returned to $104,000 after three months, and Ethereum has skyrocketed by 22%, with market sentiment switching directly from 'panic' to 'greed mode'.

Today, let's analyze the logic behind this:

The easing of tariffs has directly weakened the market's panic over the 'global trade war', causing gold to drop, and safe-haven funds to flock into BTC, the 'digital gold'.

Trump is simultaneously pushing for the implementation of the 'Stable Market Regulatory Act', with the SEC chairman being replaced by crypto advocates, leading institutional funds to go on a buying spree through spot ETFs. Data does not lie: on May 7, BTC spot ETF net inflow reached $142.3 million, while ETH's leveraged positions surged, indicating that large holders had long been sharpening their knives.

The 22% surge in ETH is a 'doomsday carnival' created by retail investors using leverage, compared to BTC's 'stability'. This wave of ETH seems more like a short squeeze led by retail investors. The successful upgrade of Pectra has long-term benefits but became a trigger for short-term surges due to leveraged funds. According to Coinglass data, on the evening of the 8th, ETH short positions were liquidated for $650 million, and a certain whale's precise acquisition of 7,000 ETH directly ignited the market's FOMO sentiment.

But remember, policy direction can change at any moment, and leveraged funds can flee at any time. Do not let greed blind your eyes—after all, in the crypto circle, the profits you earn are what truly counts.