The White House clarified that after the latest increase, the total tariffs imposed by the US on Chinese goods is currently 145%, not 125%.
(Originally, 125% was the equivalent tariff, plus the previous increase to the base tariff of 20%, totaling 145%.)
For those with doubts -- public account: Want to eat soft rice hard.
US stocks fell in response, dragging BTC down from 81,000 to 78,400. The US has completely gone crazy; there is no rationality at all.
According to data from the International Monetary Fund (IMF), China and the US together account for about 43% of the global economy this year. If these two economies enter a full-scale trade war, leading to economic growth slowdown or even recession, it will impact other countries globally, and global economic growth will inevitably slow down. Global investment may also be hit as a result.
However, at this point, it seems like things are not stopping. Our mother is also not accommodating at all, countering with a 'fight to the end' attitude, and will not yield to what they consider to be US coercion. So our mother is likely to respond strongly again tomorrow!
The operational difficulty in April is very high, as it is not a single-direction market but more driven by 'events'. Technical analysis is nonsense; it all depends on Trump's words!
Recently, many friends have asked me when they can catch the bottom. Remember to tell me when that time comes. To be honest, my view this year is completely different from last year. Last year I was relatively optimistic, but this year my attitude is: 'Be cautious first. Simply put, I won’t rush to catch the bottom; I will wait for clear signals before taking action. Currently, I am only shorting when the opportunity arises. When two tigers fight, the bears prevail.'
How to judge the future upward signals? It mainly depends on several data points: market sentiment, buying and selling conditions, large capital movements, etc. I will inform everyone when it appears, but at least not now!