#贸易战缓和 Market Sentiment Divergence: Risk Appetite Shifts to Traditional Assets

U.S. stocks (especially technology stocks) rose after news of tariff easing, reflecting investors' optimistic sentiment about short-term economic pressure relief. Funds quickly flowed into the stock market and other traditional risk assets, while Bitcoin, as an alternative asset, may not have risen in sync due to lag effects or capital diversion.

• For example, the S&P 500 and Nasdaq indices rose by 2.5% and 3.43% respectively on the day, showing the market's direct positive response to the tariff suspension.

• Bitcoin had previously partially exhausted its safe-haven demand due to geopolitical risks (such as the easing of the Russia-Ukraine situation), and at this time, funds are more inclined to take short-term profits.