The United States has imposed a 245% tariff on Chinese goods this time, turning the 'trade war' into a 'numbers game'.
On China's side, Foreign Ministry spokesperson Lin Jian has already declared: 'We will accompany you to the end!' This attitude is even tougher than when I shouted 'it must rise' during my trading calls!
Both China and the US are expected to continue their 'verbal sparring', and the tariff figures may continue to soar, possibly even breaking 300%!
Blockchain and virtual assets may indeed become the new favorites for hedging. As the US-China tariff war intensifies, physical trade is hindered, and funds may flow into the crypto market. If South Korea really relaxes its policies, Seoul could potentially become the 'Cryptocurrency Capital of Asia'. I'm ready to continue betting on Bitcoin!
With the US-China tariff war escalating to 245%, it looks scary, but in reality, it's just two big bosses 'competing to see who can shout louder'. The Foreign Ministry's hardline statement of 'not afraid of fighting' makes me want to give a thumbs up! In the future, both sides will continue to raise their stakes in the short term, but sooner or later they will have to sit down and talk, otherwise the global economy will 'cough'.
The news is sometimes bearish and sometimes bullish, retail investors are switching between short and long positions, while the 'old man' outside is swinging the sickle, cutting left and right, and many are bound to complain.
I want to say, no matter how fierce the tariff war is, it can't stop my enthusiasm for trading cryptocurrencies! However, until the tariff war is fully settled, I will not take large positions in contracts. Friends, hurry up and follow me, in the next live stream I will teach you how to 'shear the sheep' in the trade war!