7.2 Macro Market Analysis

Good morning, everyone. As we predicted, the market is experiencing turbulence due to Trump's tariffs. Now, we need to consider: Will there be a crash?

Yesterday, Trump announced that he is not considering extending the tariff negotiation deadline. July 9th is the deadline, which is only one week away. Trump has once again threatened to end negotiations with countries like Japan and directly implement punitive tariffs.

As soon as the news came out, the market immediately took a sharp turn downwards. In addition, everyone is waiting for the results of Trump's bill vote. Musk and Trump have resumed their verbal sparring. Vance cast a decisive vote, and the US Senate narrowly passed the "Big and Beautiful" bill. Next, it will be voted on in the House of Representatives. If passed, the US will increase its debt by $3.3 trillion, which will benefit the top 1% of the wealthy through tax cuts, while an estimated 12 million people will lose their health insurance.

Yesterday, we analyzed that this bill will have a profound impact on our crypto circle because it greatly reduces the credibility of the United States, leading to foreign capital reducing their holdings of US debt. After US debt funds flow out, some of it will flow into BTC, strengthening BTC's role in replacing the US dollar.

However, in the short term, the financial market is affected by the negative impact of Trump's tariffs and the passage of the bill. US stocks will fall, and the crypto circle will follow. It is possible that around July 9th, BTC will fall below $10,000 again. We need to be prepared. If it falls below, we can buy BTC in batches, but don't consider altcoins for now.

The analysis is for friendly reference only. Adults are responsible for their own decisions.

Investing involves risks. Please invest with spare money and make independent judgments.