$BTC $ETH $SOL Trump suddenly threatens to impose an 80% tariff on China, raising concerns about the prospects of China-U.S. negotiations. Yesterday, the cryptocurrency market surged due to the resolution of tariffs between the U.S. and the U.K., but today the sentiment has drastically changed, leading to a sharp decline. Even more concerning is that a major Ethereum investor has lost $50 million in a month without closing their position, indicating there may be hidden reasons behind this unusual behavior.
From the market perspective, although the bulls are currently strong, there have been three large sell orders in a row this afternoon, which could likely signal that the investors are starting to retreat. With the weekend approaching, if the China-U.S. negotiations break down, the market could experience a significant drop. The risk of entering the market now is extremely high, and it is advisable to maintain an empty position and observe.
A special reminder to pay attention to Trump's hero dog Conan Coin, which is a concept coin recognized by the White House as a "hero dog" and is currently severely undervalued. As one of the few potential coins in the cryptocurrency space, it is worth long-term attention. However, remember that the current market is highly volatile, and it is better to miss out than to blindly chase high prices.
