Have you secured the Trump coin? How are the coin friends doing today?
Reasons for the decline:
The U.S. GDP contracted in the first quarter, and the risk of an economic recession has surged, leading to increased risk-averse sentiment.
The main reason for the GDP contraction is still the significant surge in imports before the tariff increase and the softening of consumer spending, which is the first reflection of the chain reaction brought about by Trump's trade policy.
Secondly, the sharp decline in the non-farm payroll data has had a certain impact on the market.