According to Trump's consistent style of making tough talk and then backing down, the reciprocal tariffs tonight may not meet expectations, so it's more likely that we will first break and then establish, first killing long positions and then exploding short positions. This could instead create a favorable situation, pushing the market to continue rebounding.
If the reciprocal tariffs are not compromised, it will definitely be a substantial negative factor in the near term, whether for US stocks or the cryptocurrency market, which would be a devastating blow globally. Countries with high tariffs like Japan and India might directly fall into export difficulties, especially Toyota, which might announce its demise on the spot.
So, have you placed your bets? Long or short?