Get ready! Tonight at 12 o'clock, Trump will announce the tariff results to various countries. Whether the market can accept it, we will wait and see.
However, at least Trump has provided a safety net for the market— the final implementation date for tariffs has been postponed from the originally scheduled July 8 to August 1. This has given the market some room for speculation, but it also brings more uncertainty. To be honest, Trump's bottom line is too flexible, changing every day, and now he says it has to be postponed, sigh...
Personally, I really dislike this ongoing delay. It could derail this round of bull market in the crypto space. The normal script should be: the crypto market surges in April, consolidates in July— it needs to drop to rise higher. Then, in September and October, another wave of market activity should start, ultimately completing this 4-year cycle by the end of the year.
But now with Trump dragging this out, the crypto market is somewhat stuck, unable to go up or down. More critically, the inflation pressure and rising unemployment caused by additional tariffs will need at least a two-month buffer period to reflect in the market. If tariffs only start in August, then the negative impacts like soaring inflation and declining corporate profits may not truly hit the market until October. This raises concerns about the bullish outlook for the end of the year. Moreover, the Federal Reserve may also need to see the actual impact of the tariffs before taking action, and a rate cut in September seems doubtful.
So, the overall market situation is indeed quite uncomfortable. But as retail investors, we can only accept reality. If the long-term direction becomes unclear, we may need to focus more on short-term operations, looking for profit opportunities in both bullish and bearish conditions.
