Trump's reciprocal tariffs are in effect, with tariffs on China increasing to 104#美国加征关税 $SOL %. Is a market crash imminent?

1. News Perspective

1. Market News

From the market's perspective: The negative impacts of Trump's trade war have all materialized, and the continuous increase in tariffs on China will have little further impact on the market. In this round of trade war, the performance has been extremely poor, leading the decline in this cryptocurrency trend.

2. Institutional Holdings

From the perspective of institutional holdings: After the tariffs were implemented, institutional investors continued to sell off, indicating that the market's impact will persist, and there will not be any quick signs of reversal or recovery. Therefore, the risk of continued price decline will increase, and the timing for bottom-fishing in the market has not yet matured.

3. Market Sentiment

From the perspective of market sentiment: 14 represents a brainless bearish sentiment, the possibility of a recent market rebound has decreased, and the likelihood of further declines has increased. The recent rebound in the market is relatively small and may lead to further declines.