#比特币与美国关税政策 The impact of tariff policies on the cryptocurrency market, especially the performance of Bitcoin, while also involving views on other asset markets.

1. Key market insights: The past week has been significant in the history of dollar assets, marking a major turning point in the process of the East rising and the West falling. Although the price fluctuations of dollar assets may only be disturbances to the support of bulls and bears, the cryptocurrency market has passed the extreme test, and the recent low may be the position of the extreme test.

2. Bitcoin and related asset trends: Bitcoin and MSTR have performed stronger than other dollar-risk assets, showing strength during market adjustments and when the seven sisters broke. There is a divergence between Bitcoin's price and contract holdings, as well as its own MACD and RSI. MSTR's trading volume is stable, and in the future, it will attract funds back to Bitcoin from US stocks, similar to the play of Eastern real estate stocks.

3. Analysis of other asset markets: Renminbi assets have also undergone extreme tests, with tariffs impacting asset prices but accelerating the trend of the East rising and the West falling. The Shanghai Composite Index is consolidating above the second gap, and as monetary policies in the East and West synchronize in easing, trends such as the upgrade of consumer brands in the Eastern economy and breakthroughs in chips will attract more investors.

4. The vision and current status of Bitcoin's birth: The current market's concerns about currency, sovereignty, finance, and asset security are precisely the preset scenarios at the birth of Bitcoin. Its vision will not change due to the transfer of pricing power, and the original intentions of market participants will become evident in 2025 - 2026.