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The Crypto Assets market staged a dramatic performance last night, fully showcasing the high Fluctuation of this market and its sensitivity to external factors.
The price trend of Ethereum (ETH) resembles a roller coaster, starting at $3760 and sliding all the way down to a low of $3520 by 5 AM, leaving many investors alarmed. Just as market sentiment was about to collapse, an unexpected piece of news turned the situation around.
Trump suddenly announced a plan that could impact global trade, proposing to impose tariffs of 15% to 50% on goods from most countries, referring to it as "Simple Tariff." More notably, he hinted that the tariff rates could be adjusted based on each country's attitude towards American companies, a move that immediately sparked a strong reaction in the market.
As soon as the news broke, the price of Ethereum rebounded instantly, rising sharply from $3520 to over $3640, with an increase of more than 100 points, demonstrating an astonishing rebound strength. This severe fluctuation caught many investors off guard; some may have missed the opportunity because of it, while others might regret their earlier decisions.
This event highlights the high sensitivity of the Crypto Assets market to changes in global economic policies. The tariff plan proposed by Trump is not just a simple trade policy, but more like a "global panic tax." Its power lies not in the height of the tax rate, but in its "indiscriminate attack" nature and the uncertainty of "mood-based adjustments." This uncertainty immediately triggered a risk-averse sentiment among global funds, making gold, Bitcoin, Ethereum, and other assets viewed as "digital gold" more favored.
The market Fluctuation of this night once again reminds investors that emotions and external factors can often have a huge impact in a short period within the Crypto Assets market. For participants, staying calm, analyzing rationally, and paying timely attention to changes in global economic policies may be more important than trying to predict market tops and bottoms.