Friday, April 11, 2025
As expected, the most turbulent phase is over, and the market is recovering. U.S. stocks opened lower, but crypto concepts are rising across the board. For a long time to come, we won’t have to face the threat of a tariff war, as Trump has suspended equivalent tariffs globally for 90 days. Although tensions with Japan remain high, with tariffs reaching 145%, after Japan's counterattack at 125% in the afternoon, it was also made clear that they will no longer pay attention to how Trump behaves. Therefore, the long-awaited peace may really be on the way.
The crypto market has been quite resilient these past few days, even in the face of another round of tariffs between Japan and the U.S., the overall trend remains upward, with the lowest drop only reaching 78,400, and the 4-hour K-line pattern has not deteriorated. Similarly positive is the performance of the altcoin market, many of which are already showing green. If no new black swan events occur, most may have already reached their lowest points.
Speaking of last night's CPI data, it feels like this data has been tampered with by officials. The flavor of the tariff war escalated in March; although it isn't as global as it is this month, the drop was indeed a bit large. However, the outcome is still pleasing, bringing good signs for the market trend in April. Additionally, a bold guess: as U.S.-China trade begins to decouple this month, with American prices skyrocketing, the CPI data for April may give us a super “shock.” So, for the long term, there’s no need to rush; it’s only more stable after the U.S. fully lowers interest rates and injects liquidity. For now, it's best to focus on short-term trading.
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