Assessment of Trump's new tax (at 7 AM on August 1).

- After Trump announced the tax, the market turned red; however, this tax rate is lower than or equal to the previous rates except for Canada (increased from 25% to 35%). So why is the market red?

---> The market crashed due to the news of the quarterly CPI, the monthly CPI of the US, and the surprise from Canada's new tax.

In the short term, the Fed is likely not to reduce interest rates in September. Given the current situation, the likelihood of further declines remains, however, the level of the crash will not be significant. BTC should pay attention to 114.2 and 110. ETH is in the buying zone of 32-33.

😍 My strategy is as follows: only trade ETH and Alt.

- For Alt, if it drops more than 10% in one day, wait to Long at the support level.

- For ETH, if it doesn't return to 33xx or at least 34xx, it won't break the 4k peak. Everyone should adjust their Long and Short accordingly.

😂 This strategy is only suitable when dom doesn't go beyond the 5x range, okay #CanadaSOLETFLaunch .