April 7th = 3.12 + 5.19

Today the market accelerated its decline, which isn't surprising, right? Bitcoin fell below 77,000, and Ethereum fell below 1,650, accelerating down to around 1,400! Anyone with a bit of common sense in the market probably knows why it dropped; perhaps April 7th will again be commemorated by crypto players!

Why the accelerated decline? This is mainly due to the trade tariff war launched by 'Old Trump,' which has affected all financial sectors! Not to mention the pseudo-financial sector of crypto! Since last year's election campaign, I wasn't optimistic about the situation post-election, and I guess those who initially thought Old Trump would win are regretting it now! Let's talk about the past! Let's briefly discuss why April 7th = 3.12 + 5.19?

Back to the crypto world, everyone is quite familiar with 3.12, right? 3.12 was purely a black swan event because at that time, the long-term K-line indicators were suggesting an upward trend, only to encounter four circuit breakers in U.S. stocks—an unprecedented occurrence! This led to a black swan event in the crypto world, but after 3.12, things calmed down, the indicators were repaired, and the previous bull market began again! What about 5.19? It's been said that on the technical indicators, the long-term trend was already bearish; it just happened to encounter a series of explosions like the Luna crash, banking events, FTX, etc., causing the market to accelerate downward during what was originally a normal decline! Alright, with that said, those who understand get it, right? Why April 7th = 3.12 + 5.19?

Currently, as mentioned before, the market saw Bitcoin drop below 99,200 and Ethereum below 2,800, entering a normal downward trend technically; today just happened to coincide with Old Trump's trade tariff war on April 3rd, triggering a financial 'tsunami' that caused the market to accelerate its decline!

So, once you see the essence behind the events, you can basically understand that the financial market is a battlefield without gunpowder; it won't sympathize with tears. Today, players in the global financial sector are all feeling the pain! There's no way around it! The financial sector won't disappear because of this, and players won't completely 'exit the game' either! Time continues; enhance your own understanding, and with periods of decline, there must also be periods of rise. Save your 'bullets' and patiently wait for the next trend to arrive!

The above is purely casual conversation and does not constitute investment advice. The crypto market has risks; invest cautiously! $BTC $ETH $SOL