#长期持有策略 1. The rise of market hedging sentiment is inevitable: tariffs are synonymous with trade wars. Once they start, the stock market is likely to shake quite a bit. Historical experience tells us that when the market panics, funds flee to gold, the US dollar, and... you know... cryptocurrencies like Bitcoin! Think about the trade war period from 2018 to 2019; Bitcoin occasionally rallied against the trend, demonstrating its hedging properties.

2. Inflation concerns are exacerbating the situation: the direct consequence of tariffs is that imported goods become more expensive, which adds fuel to already high inflation. The Federal Reserve is even more hesitant to cut interest rates, and the continuation of a high-interest-rate environment puts pressure on risk assets. On the flip side, assets with strong anti-inflation narratives may be speculated upon again.