➤ Short-term opportunities coexist with macro uncertainty
Last night, the US stock market experienced severe fluctuations due to a piece of news regarding a "90-day tariff delay". After opening, the market first dropped and then rose, with the Nasdaq index bouncing from -5% to +4% during the day, a nearly 10% swing, making one lament that the US stock market seems to have become "meme-ified".
Although the rumor was later debunked, clarifying that tariffs had not been delayed, the three major US stock indices ultimately closed with only slight declines, with the Nasdaq even gaining slightly, overall performance exceeding market expectations.
This volatility directly led to a rebound in the cryptocurrency market, with Bitcoin showing a V-shaped reversal on the hourly chart, fluctuating around $80,000;
Ethereum rebounded to $1,600, BNB rose from $540 to $560, while SOL, regarded as the "leveraged Bitcoin", returned to $110.
The rise and fall of mainstream coins highlight the current fragility of the value market: on one hand, it is constrained by negative macro policy (such as Trump's tariffs), and on the other hand, it faces a liquidity shortage, where any slight news can trigger a violent reaction.
Last night’s false news is a typical example, which triggered a rebound that led to approximately $350 million in liquidations of short positions across the contract market, with mainstream coins rising and secondary altcoins surging, even giving a brief sense of a "bull market atmosphere".
However, compared to the continuous decline from earlier, the rebound in altcoins is still a drop in the bucket. In retrospect, last night's bottom-fishing opportunity was more short-term; if bought before the rebound, one could exit in time after making a profit. The reason is that the market will face significant macro uncertainty moving forward.
Tomorrow will be a key point, as the US tariff policy towards China and China's countermeasures will become the focus of market speculation, with high variability.
In this context, it is recommended that investors adopt the following strategies:
First, avoid contract trading and high-leverage operations to reduce risk;
Second, if the trade war escalates and leads to a market crash, it may provide a good opportunity to bottom-fish for Bitcoin;
Third, pay attention to opportunities on the SOL chain, as RFC strengthens and REMUS emerges, new trends may surface soon.
Overall, it is advisable to be defensive, control positions reasonably, and patiently wait for a clear macro trend or new opportunities to arise.
