Trump is likely playing himself here; his original intention should have been to pressure the Federal Reserve through high-pressure tactics, but old Powell isn't having it. If Trump and the Federal Reserve continue to be in a standoff, then U.S. stocks will likely continue to fluctuate and decline over the next year, and a repeat of NQ's drastic drop to around 5000 is a possible expectation. I believe BTC remains neutral; although the ETF has made BTC closely follow the ups and downs of the U.S. stock market, the current tariff policies have little effect on BTC. In the short term, there will be outflows from the ETF, and during this volatile period, it's better to rest more and open fewer positions. In the future, BTC will definitely have great opportunities and space. U.S. companies are planning to convert stocks to chains, moving funding into BTC to stabilize and grow company value. In summary, difficulties are only temporary, and the future is promising~~#加密市场回调 #美国加征关税 #BTC走势分析 $BTC