On Friday, institutions dumped their holdings, causing a panic in the market. On Saturday and Sunday, there was a rebound, and the market flourished. One can only say that the current market is behaving rather randomly, with institutions, large players, and ancient whales all stepping in to spread panic in the market and then reap profits.
At 1 AM today, according to Golden News, the United States and the European Union reached a 15% tariff agreement. First, let's not discuss the authenticity of this news and whether it can be implemented on August 1st.
Now that this news of tariff reconciliation has come out, I am completely taken aback. It feels somewhat similar to July 7th, where news came out early to influence the market, and then it exploded.
My personal objective view is that the same trap cannot be used twice by Trump. The US-EU agreement only eliminates partial uncertainties; August 1st is the real judgment day for tariffs.
I advise my brothers, whether in spot or contracts, to keep their total position below 50% before July 30th to avoid risk, especially with the impacts of the interest rate decision, non-farm payroll data, and the equal tariff implementation.
Key monitoring should focus on the progress of China-US economic and trade negotiations and the movements of BTC whales on-chain. It's advisable to pay attention to the latest news on Jinshi Data and Golden Finance to prevent sudden market attacks.
