Trump swings the tariff stick! India suffers, and the bloody game behind ETH's surge against the trend.
On August 7, the Trump administration suddenly announced a 25% tariff on India, causing the global market to explode! While traditional stock markets trembled, Ethereum (ETH) surged against the trend to $3670, with a daily increase of over 2%. What kind of bloody logic is behind this seemingly contradictory scene?
1. Trump's tariff stick, global markets bleed
Trump's 'tariff nuclear bomb' targets India, causing the cost of $87 billion in export goods to skyrocket by 30%. Indian industries such as textiles, jewelry, and pharmaceuticals are in despair, with diamond factories in Gujarat forced to shut down and textile factories in Tamil Nadu facing a wave of closures. Global stock markets plummeted simultaneously, with the Dow Jones index dropping 2% in a single day and the Nikkei index plunging 3%.
But strangely —
While traditional funds are frantically fleeing to the dollar and gold, the crypto market is experiencing a 'safe haven frenzy'! Ethereum surged by $95 in a day, approaching the $3700 mark. Behind this, who is secretly pushing the wave?
2. Three bloody signals of ETH's surge against the trend.
1. Institutional funds are frantically buying, with ETFs being the biggest driver.
Grayscale and BlackRock are buying ETH aggressively: In the first week following SEC approval of three ETH spot ETFs, net inflows exceeded $830 million, with BlackRock needing to purchase at least 15,000 ETH daily from the market.
Whales silently increase holdings: On-chain data shows that the ETH holdings of the top ten enterprise addresses surged to $11 billion, with a cumulative increase of 470,000 since July.
2. The eve of a technical breakout, $4000 is within reach.
Key resistance level about to break: ETH price is stuck in the dense trading area of $3700-$3750. Once it breaks out with volume, it will face the psychological barrier of $4000.
Indicators are all bullish: The middle BOLL line moves up to 3649, MACD golden cross continues, and although RSI is overbought, there is no top divergence. Historical data shows that similar patterns have median price increases of 15% in the future.
3. The tariff war ignites inflation, making ETH the 'digital gold.'
Historical patterns repeat: In February 2025, when Trump imposed tariffs on China, Bitcoin plummeted by 15% in a week, but then surged by 50% within three months due to soaring inflation expectations.
Scarcity value highlighted: The annual destruction rate of ETH reaches 1.8% of the supply, with deflationary properties far exceeding gold, and institutions see it as an 'anti-inflation artifact.'
3. Bloody game: The fatal weaknesses in the long-short showdown.
Short trap: Three major risks hide deadly traps.
Federal Reserve interest rate cuts may face variables: If CPI data rebounds, the Fed may pause rate cuts, and tightening liquidity will severely impact non-yielding assets like ETH.
Regulatory Black Swan: The U.S. Treasury is brewing plans to classify mixing service transactions as a criminal offense, which may trigger panic and an outflow of on-chain funds.
Technical upgrade delayed: Ethereum's Pectra upgrade postponed to 2026. If L2 ecosystem expansion falls short of expectations, ETH may plunge from high levels.
Long position trump card: Four major positives betting on a breakthrough
ETF funding continues to flow: CME ETH futures open interest exceeds $5 billion, with institutions locking in prices through futures while maintaining strong buying in the spot market.
DeFi locked value explodes: After the launch of Uniswap V4, the total locked value (TVL) in DeFi surpassed $80 billion, with ETH staking accounting for 68%, indicating rigid growth in on-chain demand.
ETH has strong bullish signals from a technical perspective! The price is stuck in the dense trading area of $3670-$3690, the middle BOLL line has moved up to 3649, MACD golden cross continues, RSI is overbought but shows no top divergence. Historical similar patterns have median price increases of 15% in the future, forming a strong momentum that could soar! Breaking the resistance at $3735, the $3900 mark is within reach.
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