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Can Trump go even crazier? This tariff really scared the market! China is going to impose a 54% tariff?!
In the early hours before and at the moment of Trump's tariff announcement, Bitcoin and the US stock market were prepared for the worst, with Bitcoin soaring close to 90,000. But... but...
When people took a closer look at the specific tariff rates Trump imposed, the market was stunned. China had already raised tariffs by 20% last month, and the market expected that China had completed the increase in advance. As a result, this morning, they added another 34%, and now China's tariff has become 54%.
What's even more outrageous is Trump's so-called 'reciprocal tariffs,' which shocked everyone. Normally, if Country A has a tariff of 10%, Trump would also impose a 10% tariff, but his calculation method isn't like that; it’s based on the total trade deficit divided by two, directly adding it all up. This led to nearly 50% tariffs on Vietnam.
Interestingly, however, the Chinese, Japanese, and South Korean stock markets only fluctuated slightly, dropping by 1-2%, which is quite surprising, as many people thought the sky was falling.
So looking at it this way, although Trump's tariffs have dealt a heavy blow to the market, the bears seem a bit exhausted. After all, the bears have been shorting this negative news for two months, and most of the decline has already been priced in. This is a stroke of luck in misfortune, but the cost is that a massive rebound is gone, and now we can only wait for the market to slowly recover. I hope Trump can speak well tonight; otherwise, I will...
🤡I don't want to fool anyone, I just want to see you in the chat room!
Use the #AprilFools tag in the #Binance chat room to share your story of getting to know the Binance chat room💬
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Yesterday, the listing voting for tokens on the BSC chain in Binance's listing observation zone also ended. It is said that this voting was very intense, and it was hard to distinguish between the top three. However, some people said that MUB will definitely be listed, claiming that CZ even changed his avatar this time to make it real. Seeing everyone discussing the BSC chain inevitably makes the onlookers think that this time BSC will set off a new wave. The heat wave of the BSC chain has indeed begun to rise. Brothers, if there is no BNB on the chain, it’s still good to hold a little and see if we can wait for the big golden dog!
#币安投票上币 votes have been cast, and by holding BNB, one can vote to participate in the listing of tokens in the observation area. It is said that only tokens on the BSC chain participated in the voting for the first time. I see that the Middle Eastern concept seems to be the hottest, but in fact, the token prices haven't changed much, and CZ hasn't mentioned it much either, so the enthusiasm should have weakened significantly. Perhaps the only slightly better option is TUT, which surged straight to 0.05, showing impressive strength. Even my good brother TBNB has been heavily dumped.
I remember when Ethereum first reached 2500, there were discussions about which would reach 3000 first, Ethereum or gold. Looking at the recent results, it has already become clear on paper. Gold has repeatedly broken new highs and is currently around 3020, while Ethereum has also risen, but the increase is still too small, currently quoted at around 2033. This reminds me of a theory I saw on X, where Dragon II is 50% weaker than Dragon I. However, I still hope Ethereum can strive hard to rise upwards. 38803603690
There's nothing much to complain about, let's complain about ETH. I'll stack up some armor first, the trend of Ethereum from yesterday to now is still quite strong, heading north all the way. However, it still cannot escape the fact that it's a weak coin. I don't want to say it's trash because I'm afraid the e-guardians will come after me. But Ethereum has another characteristic, which is the doomsday chariot; perhaps the last ray of dawn on a certain day will bloom on Ethereum! This time Ethereum's upgrade is rather ordinary, it's just a pity for my call options. I think until the options' settlement date, Ethereum won't be able to surge again. It's weak. 54497234710
#BNBChainMeme热潮 Oh my god, this wave is really a frequent occurrence of the BNB Chain Golden Dog, but my perspective is just too small, I closed my position at 0.13 and today it directly hit 0.21, it's really just losing without any profit. It feels like I've lost an entire universe. It's just too hard to bear. 😭 That day on the chain I took a nap and woke up to find that I had already missed the appearance of the Golden Dog. This wave can only be said to be a small profit.
On the whole day of this Friday, BTC seems to have been influenced by the US stock market. On this day, BTC first jumped from 79 to 85, achieving what looks like a decent V-shaped rebound. The strength of the rebound can only be described as just adequate, and it still hasn't broken out of a clear upward trend, nor has it broken the 4-hour descending range, so the future trend will still mainly be characterized by a slow decline. At the same time, we are now in the weekend, and the market enthusiasm has shifted from the secondary market back to the blockchain. Recently, CZ and Sister One have been surfing online every day, bringing the wave to the BSC chain, and the activity on the BSC chain is gradually increasing. Many tokens have significant upward potential; you can interact with X, Sister One, and CZ! Looking forward to surprises next week. I wish everyone a happy weekend during this last weekend time!
The #交易机器人 market is eternally dynamic, fluctuating up and down every minute and every second due to people's actions, and everyone's energy is limited. Therefore, in order to better achieve profits, you can find a good method in Binance, which is trading bots. Using trading bots allows the robot to perform specified operations during your free time, executing a good strategy of buying low and selling high.
Brothers, Binance has launched a new event which is a compensation trading voucher for copy trading, but it seems to be for newcomers? Brothers can try copy trading, but if there is a certain loss, it is important to manually take profit and stop loss to prevent losing too much capital due to copy trading. Also, copy trading cannot be done according to your own wishes, so if your expectations are met, remember to take profit and stop loss in a timely manner.
#掌握市场 The macro hand is always invisibly controlling the market, but in the cryptocurrency world, this hand is clearly in control of the market; one piece of data can make your indicators fluctuate wildly. In terms of the current market, the short term will definitely be volatile, with BTC even having the potential to reach 74000, while Ethereum is incomprehensible, rising when others rise and leading the way when others fall. Let's take a look at the so-called upgrade, but this time the upgrade is not beneficial for L1 but rather more favorable for L2.
The macro big hand is always invisibly controlling the market, but in the cryptocurrency world, this big hand is clearly in control of the market; a single piece of data can make your indicators fluctuate wildly. In terms of the current market, the short term is bound to be volatile; BTC even has the potential to reach 74,000, while Ethereum is puzzling—when others rise, it doesn't, and when others fall, it leads the way down. Let's take a look at the so-called upgrades; however, this time the upgrade is not favorable for L1 but is more friendly to L2.
Can $ETH eth emerge with independent momentum in today's apocalypse? This seems really difficult. ETH has already faced disdain from supporters in this round, as not long ago it even reached 4800 due to the prosperity on the chain, but while BTC is heading towards a new high of 110,000, ETH has only managed to rise to 4100. This may be because there hasn't been a significant narrative to support the influx of funds into ETH this time. However, I still have confidence in the ETH chain. Besides, this upgrade may hint at the possibility of US stocks being integrated onto the chain in the future? But if equal rights between stocks and coins do not emerge, it's crucial to discern right from wrong when a new narrative appears; having only coins without rights could be a trap of the new narrative!
Come and have a look at the new event in Binance Square. Click into the Trader Training Camp and answer questions to participate in the event.#TraderTraining Camp This is the first event. I hope you will pay more attention and like it. The relevant event link is 交易者训练营. Click to enter the first event. The first event is divided into two steps. The first step is to answer a small test, and then come to the square to publish an article of about 100 words, and you need to bring relevant tags. That is the topic corresponding to the "#" in my article. Come and participate in the event without further delay. =
$BTC Breaking, just look at the current market. From the daily chart, it seems that BTC has already drawn a significant level, but I seem to remember there is a rounded top formation, and the current chart really looks like it. So, unless there is a macroeconomic interference, from a technical perspective, BTC is very likely to drop to 75000 or even lower. Now we have to see how the buying pressure at the previous low of 78000 responds. Furthermore, if it goes down this time, the consolidation range will also shift downwards, thus starting a real bear market ☠️☠️. At that point, we can implement a dollar-cost averaging plan. Also, due to the large fluctuations currently, it is advisable for contract players to temporarily take a bearish stance; of course, one cannot just take a small profit and run away because even a slight breeze in the macro environment could lead to overthinking 😂. In the end, this bear market might be a phase bear. I still believe that there will be a bull market this year, but it is very likely not a centralized exchange bull market but rather an on-chain bull market. I'm not very familiar with on-chain dynamics; you can explore it yourselves.
#加密市场观察 The future situation is worrying. There shouldn't be any market trends here in the secondary market this March; it feels like it's already starting to go bear. Moreover, it has mainly been a trend of oscillating downward recently, with almost any token starting to decline little by little, especially mainstream tokens. Many small tokens are currently plunging repeatedly. During this period, no matter what theory you are following, you can consider a systematic investment plan, such as investing 100 RMB or 100 USDT in a certain token every day, etc. It feels like systematic investing in BTC is still relatively good.
$USDC Binance feels pretty good about USDC, it seems like there have always been fee reductions or something, it feels very friendly to all trading pairs of USDc. I also hope everyone can come and use this for trading. As the second largest stablecoin, USDc has also been surrounded by rumors in recent years. I hope that if the Americans issue the stablecoin bill before this August, then it is very likely that we will only be able to use what it stipulates 😂😂 Let's wait and see.