Understanding King, you really know how to stir things up!!! 💥💥💥
Just now, the market plummeted, on-chain data monitoring showed that long positions directly exploded by 300 million dollars, a short position explosion in just one hour, and the platform data hasn't even updated yet, it's terrifying 💥💥💥
The recent plunge has two main important reasons:
① Understanding King increased the tariff on Apple Inc. by 25% ② Starting from June 1st, a 50% tariff increase on the European Union
The above two reasons directly impacted the decline of the entire market. Currently, I do not recommend entering the market to buy the dip, let's wait for the US stock market to open and look for opportunities.
