Trump has spoken—August 1 is the deadline, "there will be no extension."
For the stock market, this is an earthquake.
For Bitcoin, this is a stress test.
🔻 News interpretation: Why can one sentence from Trump shake the crypto market?
Trump announces: The U.S. will restore tariffs, starting on August 1, with no room for extension.
The market originally expected him to possibly soften his stance, but instead, he became more hardline.
What does this mean? Trade tensions are escalating, and the U.S. economy may face imported inflation pressures and global asset repricing.
The crypto market has always been sensitive to news, and such macro-level negative news will cause short-term hedging sentiment to soar, naturally dragging BTC into the turmoil.
📉 Historical mirror: What happened during the tariff shock in April?
Trump also played the tariff card in April, causing the overall crypto market value to evaporate by 25% in a week, with BTC dropping by 20% and altcoins exploding.
U.S. stocks fall, gold rises, capital shifts to stablecoins or waits on the sidelines.
So we learned:
When the trade war escalates, the market will first cut risk assets, prioritize survival first.
📊 Where is BTC now? How does the technical aspect look?
BTC has recently been stuck around 120,000, and the bulls have tested it several times.
Short-term, 100,000 is an important psychological support, 110,530 is a technical support, and the pressure above is at 123,218.
Simply put:
If BTC can hold 110,000 and consolidate without breaking, it's strong.
If it breaks 100,000, we might see 90,000 or even deeper.
But if it breaks 123,000, that would open up a new high market.
📉 How do we view ETF and fund flows?
In July, ETF funds surged into the market, pushing BTC up to 119,000, but recently there's been a clear cooling, even a net outflow.
This indicates that institutions are also starting to watch and do not want to gamble on this wave of Trump's storm.
The liquidity of stablecoins is still there, funds haven't left the market, just parked.
There is a lot of off-market capital, but everyone is waiting for a clear direction.
⏰ When will there be a sharp fluctuation in Taiwan time?
Trump speaks in the U.S. during the day on August 1, which corresponds to around the early morning of August 2 in Taiwan.
In other words, when you wake up, the price may have reacted sharply once already.
The Asian early session may continue to fluctuate, and the European and American sessions will further amplify the market.
This is a script that spans 24 hours.
🧠 How to respond? My suggestion is:
Don't open high leverage, it's better to miss than to make a mistake.
Hold on to cash/stablecoin ammunition, consider nibbling during big drops.
Observe whether 100K can hold; this is a turning point.
Don't chase orders right at the opening; wait for confirmation of the U.S. stock direction.
🧭 In conclusion, one sentence:
The wave of Trump tariffs may not collapse, but it will definitely shake things up.
Shaking out fear also shakes out opportunity.
If BTC survives this wave, it will filter out the real strong players.
