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The tariff war has finally come to an end! China has directly flipped the table and is no longer playing, causing the global market to explode! What impact does this have on the crypto world? To put it simply, there are three points:
1. Global gamblers are excited!
(Slapping thigh) The tariff war has caused the US stock market to collapse every day, dragging Bitcoin down with it. Now that a ceasefire has suddenly occurred, those vultures on Wall Street immediately turn their guns around—Tesla's stock is soaring, gold is being dumped like a dog, and all the damn money is flooding into crypto world! Bitcoin skyrocketed 8% in 24 hours, this is a clear signal!
2. The old investors are ecstatic, and the new investors are taking over!
(Mysterious) The recent operations in the country are too crazy! The pressure of RMB depreciation has suddenly decreased, the floodgates for cross-border capital flow have loosened, and the OTC market is directly exploding! The market value of USDT soared by 5 billion in three days, and the pressure on miners to sell coins for cash has significantly reduced. But remember — after a surge, there must be a scythe formation! Retail investors following the trend should be careful not to get buried like chives in a box!
3. Hidden deadly intention!
(Lowering voice) Don’t be fooled by appearances! The Americans are calling for a ceasefire publicly, but behind the scenes, they're ramping up chip bans, and tech stocks are still lying in the ICU. How far can this recent Bitcoin rebound go? It all depends on the Federal Reserve's mood! If they continue to raise interest rates in September, the newly sprouted retail investors will be uprooted again!
(Takes a big sip of tea) In summary, just one sentence: short-term surfing is exhilarating, but don’t get carried away watching in the long run! Those with bullets, take the chance to go all in on mainstream coins; those fully invested should quickly take profits from altcoins, this wave of dividends can be exhausted in three days!