Recently, Trump announced that starting April 2, a 25% tariff would be imposed on all imported cars and threatened to escalate the trade war.



Once this news broke, the market's risk aversion sentiment heated up, U.S. stocks fell, and gold hit a new high.

Investors are worried that the trade war will escalate and are looking for safe-haven assets.

Why did U.S. stocks fall?



The previous value was 2.6%, and the market expects it to rise to 2.7%, indicating that inflation is already beginning to rise even before tariffs are added.



If tariffs are indeed imposed, inflation pressure is likely to be greater.

Additionally, the University of Michigan's inflation expectations index has also caused panic among investors. This drop in U.S. stocks is considered a collective risk aversion response to economic prospects.

How strong is the risk aversion sentiment now?

Bloomberg data shows that recently, institutional funds have poured over $300 million into gold ETFs, clearly seeking safe havens.

In comparison, Bitcoin has remained relatively strong, not dropping significantly with U.S. stocks, currently oscillating around $87,000.

However, Bitcoin's trading volume has also hit a new low, now lower than during the garbage time of 2023 and 2024.

This indicates that the current buying and selling sentiment is not high; everyone is waiting to decide the direction after Trump's tariff policy is implemented on April 2.


From the perspective of market liquidity, major exchanges like Binance and OKX have been striving to launch new projects recently.

However, the market cap of new projects after launch has been decreasing, indicating that market liquidity is clearly insufficient, and people are not very willing to take over.

So what are the current market hotspots?

1. Binance launched a Meme coin on the BSC chain

Yesterday, Binance launched 4 projects at once: Mubarak, Broccoli, TUT, and Banana. The market previously speculated that there would be at most 2, but the result exceeded market expectations.



TUT has the smallest market cap but has risen the most, with a holding concentration of 65%, where the top 10 addresses control over half of the circulating supply.

However, Mubarak fell instead, possibly because the funds were diverted.

Many retail investors play MEME coins on BSC, with the biggest expectation being to get listed on Binance's spot market.

Landing on Binance's spot market is a positive signal. This time, 4 projects were launched at once, and the traffic was dispersed, so they all have to run.

The market liquidity cannot support so many new projects, and the market sentiment is average, possibly leading to a wave of liquidation.

2. Ghibli is trending

Ghibli is a MEME coin on the Solana chain, recently launched on Binance Alpha, generating a lot of buzz.

This project is related to internet memes and can use AI to change photos into Miyazaki animations (Ghibli style), riding the wave of ChatGPT's new feature popularity.

The founder of ChatGPT even changed their avatar to this, and Musk also retweeted it on Twitter, bringing in a wave of traffic.



3. Bera public chain surged

The Bera public chain has performed well recently, mainly due to its high DeFi mining returns, with an annualized yield of over 50%.

Many people mine while using contracts to preserve profits.

However, one must also be aware of the risks, as prices may be deliberately driven up to force short sellers.

According to DefiLlama data, the Berachain mainnet has been online for over a month, with a locked value (TVL) exceeding $2.9 billion, ranking sixth among all networks, currently showing strong momentum.



Overall, the market is currently in a game period, with everyone waiting for the direction to be determined after Trump's tariff policy is implemented on April 2.

In an unstable market with insufficient liquidity and low sentiment, one should be cautious when participating in new projects.

Don't be too greedy, take your profits and run, cash in when you see the good.