#美国加征关税
【On Friday, Trump Threatens EU with Tariffs: Bitcoin Unexpectedly Plummets】
Trump is undoubtedly the king of hype and isn't idle even on weekends. On Friday evening, he dropped a bombshell to reporters:
1. Plans to impose a 50% tariff on the EU;
2. A 25% tariff on companies like Apple;
Trump's remarks clearly aimed to sidestep Wall Street's stock market. However, the 24/7 cryptocurrency market couldn't escape the impact of Trump's heavy bombshell.
Bitcoin instantly crashed over $3,000, falling below the $110,000 mark, while Ethereum fared worse, plummeting 5% and breaching the $2,550 mark!
It is believed that countless crypto traders were wiped out during the late-night hours from Friday to early Saturday.
It's no surprise, as everyone had just experienced a short squeeze after Pizza Day, still reveling in the upswing of Bitcoin breaking through several hurdles...
To be honest, as an old hand in the financial investment circle, such antics from Trump are not surprising;
Trump employs a businessman’s strategy to manage international geopolitical affairs.
Whether it’s this tariff threat against the EU, or the global tariff policy announced on April 2;
Both are part of Trump’s implementation of his strategy concept of “Making America Great Again.”
Trump focuses on results and emphasizes goal orientation;
This threat to the EU is meant to urge EU member countries to unify their opinions. The 27 EU member states each have their own calculations and have been unable to reach a consensus for a long time, which is intolerable for Trump.
In short, Trump's threat is not genuinely about imposing heavy taxes on the EU, but rather a means of urging compliance.
This morning, I decisively leveraged 10 times to go long on Bitcoin. After opening a long position, I felt completely calm, setting my stop-loss point at 99,800 yuan, and then went out for a morning run.
In the crypto world, I am a newcomer; in the financial investment circle, I am an old hand.
Follow me to discuss matters in the cryptocurrency world together.