On August 1, U.S. President Trump suddenly signed an executive order imposing tariffs ranging from 10% to 41% on 67 trade partners (including the EU). For EU goods, if the current tariff is below 15%, it will be raised to 15%! This policy directly replicates the 2018 'trade war' script, and the global capital markets instantly entered a risk-averse mode!


This news is undoubtedly a 'super catalyst' for the cryptocurrency market.

History repeats itself: During the 2018 trade war, BTC soared by 367%, while gold and government bonds also surged. This time, the tariff increase is even more significant, and the market panic index (VIX) has already started to rise. Funds will inevitably seek decentralized safe havens.

The trust crisis in the dollar resurfaces: Trump's policies exacerbate the global trend of de-dollarization, and Bitcoin, as 'digital gold', will become the preferred tool for sovereign funds and institutions to hedge.

Capital flight from Europe: EU companies are being taxed, and local funds may transfer assets through cryptocurrency channels (referencing the recent surge in BTC trading volume in Germany and France).

We all know that the script for cryptocurrencies is to rise next. However, this week the news is like a nuclear bomb; the manipulators are using these news items to reap profits. But for us swing traders, the more such market conditions exist, the greater the opportunity for grasping. Let's talk about the early morning of the day before yesterday: The Fed's dovish stance led to a crash in BTC and ETH, followed by a recovery, showcasing a V-shaped trend. Last night, the U.S. June core PCE price index year-on-year was released, exceeding market expectations. The market then saw a drop this morning. This is why I say there is greater opportunity for swing traders to grasp the situation. Once the data is released, the market's script is already written. You can look back at the articles I've published in the past few days; I have predicted every wave of the market.



So how should we view this next? What should we do?

Tonight at 20:30, the non-farm payroll data will be released: If the employment data is disappointing, then ETH and BTC will see another surge. If it exceeds expectations, it will be bearish. If it meets expectations, there won't be much fluctuation in the market.

Trump's tariff stick is a medium to long-term positive, but short-term fluctuations will depend on tonight's non-farm payroll data. The tariff war continues; global capital is not a sudden influx but a sustained inflow.#美国加征关税


I am Fortune Predictor Old Chen, focusing on news interpretation and targeting market tipping points! Follow me for daily strategies to get in early.