On Monday (March 31), the U.S. dollar index fell below 104, supported by safe-haven buying in gold, which opened higher at $3,089. Bitcoin fell below $82,000, with a bearish trend taking hold. President Trump's team is considering implementing broader and higher tariffs, stating that he doesn't care about rising car prices.
Ethereum (ETH) has performed terribly in recent days! The community has started to describe its situation as 'unfounded e-life.' A video of Vitalik meowing went viral, causing market sentiment to collapse instantly, leading ETH to plummet to $1,768, before slightly rebounding to $1,805. The bigger problem is that ETH whales on MakerDAO are about to face a liquidation risk of $238 million. The current mood of ETH holders is probably—'Little V, you better paint a realistic picture this time!'
e stagnant, e grand dream, e have nothing, e ends with nothing, unfounded e-life—this is the current state of ETH.
Trump's tariffs, non-farm payrolls, and Powell's speech will all come to a head this week.
In addition to the U.S. tariffs, the U.S. non-farm payroll report for March and Chairman Powell's public speech this Friday will also serve as key indicators for assessing the direction of the U.S. economy, inflation, and future monetary policy paths.
Trump will announce a full set of trade countermeasures at 4 PM local time on April 2, the core being the so-called 'reciprocal tariffs.' Despite Trump signaling an openness to negotiate with other countries to reduce the reciprocal tariff rates last Friday (March 28), he firmly set a bottom line: no agreements will be reached before the official announcement on April 2. This statement maintains a high level of uncertainty, making it difficult for the market to predict the final impact range and degree.
This Friday (April 4), global attention will be focused on the U.S. Department of Labor's release of the March non-farm payroll report.
According to the median forecast from a Reuters survey of economists, the market widely expects that the U.S. will add 128,000 non-farm jobs in March. Although this number is a slowdown from 151,000 in February, if it meets expectations, or even slightly exceeds them, it may still be enough to temporarily convince investors that the U.S. economy has a certain level of resilience to withstand current pressures; however, whether the Federal Reserve will cut interest rates presents another type of pressure.
Similarly, this Friday, Federal Reserve Chairman Jerome Powell will give a public speech regarding the outlook for the U.S. economy. Compounding market concerns are several recently released U.S. economic data, which seem to point towards a more troublesome situation—stagflation, where economic growth stagnates or even declines, accompanied by persistently high inflation.
At this moment in the fluctuating market with BTC at $82,000 and ETH at $1,830, 99% of people have already lost hope.
Why have 99% of altcoins died? The answer will send chills down your spine.
I repeatedly emphasize: ETH ≠ altcoin! Yet most people still fantasize about 'buying the dip to get rich,' so today I will wake you up with bloody data:
- The decline speaks for itself: many altcoins have fallen 90% to 99% from their peaks, and manipulators will never save you during a bear market!
- The essence of the project = air: what have 99% of altcoins done? A website + Twitter account + storytelling, valued at tens of billions, now $30 million seems expensive!
- The truth: project teams have already cashed out and run away, the money has been funneled into KTVs and casinos, why would they pull up the market again with real money?
Wake up! The 'bull market' of altcoins is just an illusion created by the manipulators to deceive contract gamblers, with odds even lower than in a casino!
Despite the current sluggish market, investors who bought in at $76,000 have already begun to reap profits. For ordinary investors, during market fluctuations, they should control their hands, retain enough funds, and wait for the 'final drop' to trigger panic selling before looking for opportunities to enter. Remember, accumulate chips in a bear market, realize profits in a bull market, and never exhaust your principal during turbulent markets. It's like playing cards; when luck is not on your side, you should reduce your bets, conserve strength, and wait for a good hand to come.
