3.4 Thought Sharing
Last night was somewhat unexpected; how many people were liquidated due to last night's temptation, but there is no need to panic. The ultimate reason for the cryptocurrency market crash was that Trump's tariffs exceeded most people's expectations. As mentioned in the sharing on March 31: in turbulent situations, money is more likely to choose more stable markets, such as globally recognized gold. Whether it is cryptocurrency or the outflow of funds from NASDAQ, the only consequence is a crash. The tariff war has affected various countries in Southeast Asia.
Looking at Bitcoin's daily chart, it ultimately formed a false breakout; the upward trend line remains valid. The four-hour level is approaching the lower accumulation buy zone. Personally, I expect further declines, but now chasing the market is clearly not rational. Even if it does drop, the risks do not align with the potential returns. It is advisable to wait and see if Trump will take any further actions that could impact the situation.
