Now is a good time to short, BTC ETH searching for long positions carries high risks!
On the evening of the 11th, the United States announced that it has agreed to exempt electronic products such as smartphones, computers, and chips from so-called 'reciprocal tariffs', and that electronic products entering the U.S. after April 5 that have already paid 'reciprocal tariffs' can seek refunds. This significant news has led to a relatively stable rebound in the cryptocurrency market over the past two days. But this is not over yet!
1. Currently, Apple's stock has surged 6% in pre-market trading, and there is a general belief that the semiconductor tariff exemption indicates a '180-degree turn' in U.S. government tariff policy. This is also the second adjustment to related policies since the U.S. temporarily suspended high 'reciprocal tariffs' on some trading partners on April 10.
2. However, it is likely that this is just a temporary measure, as U.S. Secretary of Commerce Gina Raimondo stated in a recent interview that electronic products exempt from tariffs, such as smartphones, laptops, and wireless earbuds, will be re-evaluated as part of the government's investigation into the semiconductor industry.
3. The Trump administration plans to impose tariffs on semiconductors to promote the return of the electronics manufacturing industry to the United States. Detailed information may be announced in the next two days. This means that the market's hard-earned sense of security may be snatched back by Trump!
4. Trump denied certain electronic product tariff 'exceptions' announced last Friday, stating on Truth Social after playing golf on Sunday that these products are still subject to the current 20% tariff, and the government is studying the imposition of tariffs on the entire electronics supply chain.
5. Whether it is the high tax rate or the current uncertainty regarding tax rates, it is bearish for the current capital market. BTC ETH investors can fully use this timing to short. We note that Trump has already imposed tariffs on steel, aluminum, and automobiles targeting specific industries, and is also preparing to impose new tariffs on automotive parts and copper, with current tax rates for other industries at 25%! (Except for any low tax rate announcements)
6. Currently, the cryptocurrency market cannot simply be understood by looking at K-lines; at a time when global finance is deeply intertwined and closely linked to Trump's moods, you must study and understand some core issues. Currently, searching for long positions carries very high risks!
#美国半导体关税 #加密市场风险 #MichaelSaylor暗示增持BTC $BTC $ETH
April 14, 2025, 'Crypto 24' Issue 45
