To be honest, Trump knows how to play the game. The cryptocurrency market rises and falls with Trump; the biggest fear for the market is uncertainty.
Market expectations are completely disrupted, how can there be no panic? Cutting losses, crowding, stampede, hysteria, and in the end, everything turns to dust.
Tariffs are not following the usual rules; it seems that Trump is the biggest black swan in the market.
However, I still believe that there could be changes at the end of the month, especially since there’s a core PCE tonight, and the timing is too sensitive.