$DOGE $PEPE $ETH

The United States has abruptly announced an increase in tariffs on Chinese goods to 125%, while delaying tariffs on other countries for 90 days. This policy acts like a 'black swan' stirring the market, becoming an important driver of recent volatility in the cryptocurrency space.

Upon the announcement, the market quickly staged a 'roller coaster'行情 - panic selling and FOMO (fear of missing out) emotions alternated. Referencing historical cases, the threat of tariffs in March led to a single-day drop of 6% in Bitcoin, with over 210,000 liquidations, while this temporary pause on tariffs for non-Chinese goods may briefly boost risk appetite, but one must be wary of the risk of high-leverage positions 'going to zero overnight' during extreme fluctuations. On-chain data shows that some funds have begun to show signs of risk aversion migration, with net outflows from exchanges slightly rising, suggesting that investors are inclined to hoard coins and wait.

The 125% tariff barrier between China and the U.S. may force cross-border trade to accelerate its embrace of blockchain technology, with supply chain finance and decentralized settlement being potential beneficiaries. Additionally, increasing geopolitical friction enhances the narrative of 'de-dollarization'; Bitcoin, as a censorship-resistant asset, may highlight its value of allocation as policy uncertainty intensifies. If the weekly level can stabilize above the 50-week moving average, the mid-term rebound channel remains.

The market is caught in a tug-of-war between 'news-driven' and 'technical-driven' trends, and blindly chasing highs and cutting losses can easily lead to losses. It might be worth paying attention to community-driven MEME coins like Conan ($Con an), where the strong consensus around the image of the presidential dog often leads to bursts of activity in volatile markets. However, remember to control your positions and avoid an all-in gamble. Conan, a candidate for the next MEME myth, are you positioned?