▍A trade war targeting new energy is quietly changing the direction of capital.

Just this month, the U.S. announced a tariff of up to 60% on foreign new energy vehicles. Just a few weeks ago, they said they would cancel more than 90% of the tariffs.

This round of 'loosen the reins first, then raise taxes' operations carries significant implications.

▍It seems to target manufacturing, but actually affects finance.

Chinese electric vehicles are sweeping the European market, and the U.S. can’t sit still. A tariff has triggered a surge in global shipping costs, causing maritime prices to skyrocket by 20%, and container throughput at West Coast ports has plummeted.

It seems to be protecting domestic industries, but in reality, it is indirectly raising domestic prices.

Once inflation pressure is cornered, interest rate cuts may come earlier.

▍History does not repeat itself, but it does rhyme.

Every round of monetary easing and interest rate cuts ignites the flame of Bitcoin. In the last round, we saw Bitcoin reach $60,000; in this round, since April, the technical trend shows bullish signs.

MACD has just turned positive, and some institutions are predicting a high target of $150,000 by the end of the year.

There may be bubbles, but the trend cannot be ignored.

▍But don’t forget: the regulatory blade is being sharpened.

The SEC is accelerating the formulation of a token compliance framework, and air projects will face life-and-death challenges.

Last week, Bitmain in the U.S. area had to pay $2.25 million to settle allegations due to compliance issues. This is just the beginning.

If the (Digital Asset Bill) is formally introduced, the entire crypto ecosystem will face a 'reshuffle'.

▍What will be the next choice for capital?

The disconnection between physical manufacturing and the monetary system is forcing funds to seek safe-haven and appreciation channels.

Bitcoin and altcoins are no longer just speculative tools; they are becoming experimental grounds for value anchoring.

But remember, what is truly trustworthy are public chains and protocols with underlying logic and long-term scenarios, not the 'hot coins' promoted by celebrities.

Insight:

When the old order collapses, smart people do not follow emotions but calmly seek long-term value under new rules.

The next round of dividends begins with recognizing the trend.