Reasons for the cryptocurrency market plunge

Trump's tariff policy is the main cause. Last week, market pessimism eased slightly, but two data points last night poured cold water on it again, with the real blow to confidence coming from the impact of policies on vested interests.

The Trump team plans to adjust tariffs on key commodities; if the policy is moderate, it is expected to alleviate inflationary pressures.

Last night's services PMI data showed that year-end business activity demand has risen, and in response to the tariffs, supplier orders and inventory have surged. The market is worried that this has already been reflected in advance, and whether it can be sustained remains uncertain. If tariffs are moderate, the inflation threat will decrease.

Overall, risk market sentiment is highly volatile, and prices often fluctuate back after rising or falling. Currently, the daily range is oscillating between 91,000 and 100,000, with frequent small-scale long and short conversions. Identifying key levels and managing orders well is crucial. #市场调整策略 #币安MegadropSOLV