The entire market, including American society, has expressed great dissatisfaction with Trump's radical tariff policy, and the American public has begun to take to the streets to protest. Data shows that due to the sharp decline in U.S. stocks, the global top 500 billionaires lost $536 billion in assets in one week, setting a new historical record. In particular, several tech tycoons, who never expected that after Trump's inauguration they would go on to donate money to congratulate him, were caught off guard by this blow. For the cryptocurrency market, since Trump took office, the market value has shrunk by several tens of millions of dollars, which is quite frustrating.
Every time at this moment, I think of one person, and that's old man Buffett. Before this round of decline, Buffett had raised the proportion of cash on hand to a new high, and the previous sell-off was mocked by outsiders, but now it seems that the old fox is wise. However, there doesn't seem to be any news of the old man making a move yet; perhaps for him, he is waiting for a financial crisis triggered by the U.S. stock market, at which point it will truly be a land of opportunity.
The undeniable fact is that the subsequent impact of this tariff protection policy is hard to estimate, leading to a very pessimistic sentiment, but the cyclical nature of the market is also an objective fact. Just like the old man selling high and holding cash, he has also frequently purchased assets during moments of despair in the market. For us, increasing our holdings in a bear market and finding ways to make our coins multiply is the way not to waste the opportunities brought by the market's crazy decline.
In terms of market conditions, due to the U.S. stock market being closed for two days over the weekend, the cryptocurrency sector is likely to remain sideways. The current market may hope for a rate cut from the Federal Reserve, but there is currently no related news released. Next week's market will be a bigger challenge because if the two-day buffer period cannot give U.S. stocks a breather and they continue to decline sharply, the U.S. stock market will experience a dark moment of liquidity exhaustion and lack of market confidence, and at that time, the cryptocurrency sector will likely struggle to stay unaffected. If there is still capital available, consider next week's situation before deciding whether to add, while others can just hold their spot. There is no need to cut losses at this time; we have already reached the desperate bottom range.
Thank you for your attention and likes. $BTC