Another happy day
After Trump announced detailed tariff measures, Bitcoin rose and then fell. The baseline tariff takes effect on April 5, and the reciprocal tariff takes effect on April 9.
Bad news has landed
When bad news hasn't landed, it's like a knife hanging over one's head, always worried it might stab you, so everyone is cautious everywhere, including consortiums, institutions, and whales. They dare not make big moves unless they have insider information and act in advance.
Once the bad news lands, many people are no longer afraid, whether the knife is stuck in the ground or in their own body; in short, as long as there is no knife hanging over their heads, they are not afraid. This is the so-called psychological effect of bad news landing being good news.
Is there still hope for retail investors?
Can you imagine if retail investors are now desperate? They are certainly desperate, watching the altcoins hit new lows, very panicked. With such significant bad news released, they all think it will continue to fall, leading to panic selling and stampede-like sell-offs.
Whether bad news will lead to a sustained market decline depends on how strong the continuity of this bad news is. If the bad news is released and is sustained, it may still lead to a decline later on; otherwise, bad news landing is good news.
There is definitely hope; after all, indicators at the macro cycle level do not lie. Various bad news has also landed, most retail investors have been washed out, and those who should have been liquidated have been. It makes no sense to continue in a bear market.
I still see a big bull market ahead, and after the big coin rises, the altcoin season will come.
Some fans said: Luckily, I do spot trading. Following General Tang's advice, I'm sitting on cash and waiting, avoiding a disaster.
Other fans said: The tariffs landed, but there wasn't much volatility; I thought a black swan event would happen.
Another fan said: Following the strategy was right; I entered MKR at 1377, took a wave, and ran.
Another fan said: Last night, I had a long position in Ethereum at 1880; I doubled my margin and ran, didn't dare to hold.
Although I didn't earn much, it's fine as long as I make a profit every day.
