Crypto friends, recently the news of a 90-day suspension of tariffs has erupted the market. Many see this as a super positive signal, and tonight the market followed up with a quick surge, as if the trumpet of a bull market has been sounded. But as rational investors, we must calm down and carefully ponder the intricacies behind this.

This so-called 90-day suspension period, in my opinion, is shrouded in a layer of "uncertainty fog." On the surface, it seems to relieve the market, but in reality, it hides secrets — this 90 days is not a guaranteed safe period, but rather resembles a "timed device" that could be triggered at any moment. Regulatory bodies can choose to announce the cancellation of the suspension during this period, or even release negative signals, and we must anticipate this possibility in advance.

Today, major analysis platforms are wildly touting the positives, and numerous retail investors are following the trend to buy at the bottom. But I must pour a bucket of cold water on this: Is it really the right time to confidently buy at the bottom? Perhaps not! Let’s not forget that the crypto world is filled with reversal plots. If in a couple of days news suddenly comes out saying the policy is on hold, or even directly overturning previous positive expectations, the market will likely dive like a roller coaster. At that time, institutions and major players who have positioned themselves early will seize the opportunity to buy low, while the retail investors following the trend may become the ones who get harvested.

Retail investors are focused on short-term gains, while large funds are eyeing the bloodied chips. The real market bottom is never built on positive news; it is formed when market sentiment reaches an extreme pessimism, and the bearish forces overwhelmingly exceed the bullish sentiment. Now, this kind of unanimous positive expectation actually requires us to be more vigilant, as the rule of the market is always "when others are greedy, I am fearful."

To summarize, while the emotional surge brought by short-term positives is indeed tempting, we must also see the underlying policy flexibility. Before market sentiment has fully turned over, any sudden reversal of expectations could trigger severe volatility. We should adopt a more rational observation approach, be less impulsive in chasing rises, and wait for the market to truly signal a bottoming out before taking action. After all, in the crypto world, preserving capital is always more important than chasing short-term gains.