The market is too brutal.

I originally thought the decline over this period had reached its limit, but unexpectedly, the US stock market faced a Black Monday, with the Nasdaq plummeting by 4%.

The collapse of tech stocks is particularly unbearable to watch.

The root of everything stems from Trump's reform policies and the uncertainty of tariffs.

One moment they are increasing tariffs, and the next moment they are delaying them. Now, one wonders if those in the cryptocurrency space regret their votes for Trump?

After all, if Kamala Harris were in power, it is highly likely that she would continue the policies of the incumbent President Biden. While this may not boost the market in the short term, Bitcoin has a 90% chance of being above 110,000, and Ethereum would also be above 4,500.

This round is indeed quite tragic, especially for Ethereum investors, as most investors' positions have fallen below the liquidation price during this decline, forcing them to stop-loss and exit the market. This is also why Ethereum has dropped so much.

Of course, when a huge risk arrives, there are also tremendous opportunities behind it.

How will the market move from here? If Ethereum continues to drop below 76,000 and enters a lower range, it could fall to around 1,500. From a technical chart perspective, it has entered a bear market.

The probability of such an extreme situation occurring is not high.

Because the US stock market cannot possibly crash; Trump will definitely step in at some point to resolve the issues in the stock market.

As for the short-term fluctuations in the stock market mentioned in interviews, they are normal. Claims about learning from China and a hundred-year plan are all nonsense. The systems are different, the national conditions are different, and naturally, the strategies will also be different.

If the US stock market crashes and triggers a financial crisis, the US could completely roll off its throne of dominance.

More critically, the credibility of the dollar will be greatly affected, which in turn will impact the dollar's hegemony.

For so many years, the Americans have held the sword of dollar hegemony, shifting their economic crises onto the global stage, so the dollar hegemony is something they will protect at all costs.