๐จ Get ready! Tonight at 12, Trump will officially announce the tariff results for various countries! Can the market handle it? We shall see.
However, at least Trump has given the market a "safety cushion" โ he **has once again announced a delay in the implementation of tariffs, from July 8 to August 1.** This leaves some room for imagination for the market and brings more uncertainty.
I mentioned yesterday that Trump's bottom line is really flexible and changes every day. Now it's delayed again, sigh...
For those familiar with the cyclical rhythm, this back and forth is actually quite annoying, as it may disrupt the entire crypto bull market's rhythm.
The normal script should be: โ๏ธ Big rise in April
โ๏ธ Adjustment and accumulation in July
โ๏ธ Start of the main upward wave in September-October, completing the four-year cycle by the end of the year
But now, Trump keeps delaying, and the whole market is stuck in a state of neither up nor down.
โก The inflation and unemployment issues caused by extra tariffs will take at least two months to reflect on the market.
โก Tariffs will only start in August, and the "bad news" of soaring inflation and declining corporate profits will only impact the market by October at the earliest.
โก The Fed may only consider cutting interest rates after tariffs are officially implemented, and a rate cut in September seems unlikely.
So, in this market, I personally do not like it. But retail investors have no choice but to accept it.
๐ Long-term outlook is unclear, short-term high-low switching has become the main way to make money.
Yesterday's setup: โ Go long above support level 107200
โ Go short below resistance level 109200
Current trend is looking good, with contracts steadily harvesting 1000 points daily, life remains: making money, eating well, drinking well!
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