On April 14, QCP Capital analysis pointed out that after a week of tariff standoff, risk assets are gradually stabilizing, and the market has absorbed the impact of the US-China trade war. Although the US has imposed tariffs of up to 145% on Chinese goods, China has retaliated with tariffs of 125%, these measures are currently more symbolic and have not caused significant impact on the market. Despite both countries maintaining a hardline stance in public, the Trump administration has quietly exempted tariffs on goods such as smartphones, computers, and chips, while China has requested the US to cancel reciprocal tariffs. The market is generally optimistic, believing that the two countries may eventually reach an agreement.

In terms of the crypto market, BTC options still show a bearish bias, and the market is expected to remain cautious until June. However, long-term bullish sentiment is gradually warming up, with a large number of Bitcoin options contracts (BTC-27MAR26-100k-C) being observed purchased this Saturday. The price of Bitcoin continues to fluctuate in the range of $80,000 to $90,000, as the market awaits further developments on the tariff issue. #SEC加密资产证券披露指南