Trump strikes again with tariffs, and the crypto market responds with a ‘hit’: $577 million in long positions liquidated overnight
This morning, the crypto space was flooded with a piece of news: the total amount of liquidations in the crypto market reached $577 million in a single day, with countless long positions evaporating in panic.
This wave of plummet has nothing to do with technical breakdowns; it was purely a “black swan” surprise — the Trump administration suddenly announced tariff increases of 10%-50% on over 60 countries, with even longtime ally Canada not spared, having the rate raised to 35%. The clouds of a global trade war suddenly gathered, igniting panic in the market.
The crypto market bore the brunt, becoming the “disaster zone” for emotional outbursts:
$168 million in ETH long liquidations $144 million in BTC long liquidations From Europe and America to Southeast Asia, the liquidation list continued to grow longer, with many investors returning to square one overnight.
This bloody lesson once again proves: the influence of macro policies is enough to overturn the entire market in one night.
Stop fixating on technical analysis and candlestick patterns — in an era of global capital interconnections, news is where the “nuclear button” is hidden. A single word from Trump or a policy paper might determine short-term trends more than ten hours of your pattern analysis.
The iron rule for survival in a volatile market is always: control positions + stop losses. Don’t keep dreaming that “holding on will bring it back”; when systemic risk arises, wishful thinking will only turn your “unrealized loss” into “liquidation”.
Market conditions never change due to anyone’s subjective wishes, but you can choose not to be “cannon fodder”: keep a close eye on news trends, follow the macro rhythm, and manage your positions and risks well — you shouldn't be the chaff, you just need to learn to stand firm in the storm.
