The insane tariff war launched by Trump has led to a decline in stock markets and commodity prices, a drop in U.S. bond prices, soaring yields, a significant drop followed by a surge in gold prices, and continuous outflows from U.S. stock large-cap ETFs. Risk assets like Bitcoin are still performing poorly in the short term, and there is a lot of uncertainty in the market. It is recommended to reduce position risks during this downturn, hold less leverage, and wait until this period passes before making further decisions.