#特朗普取消对欧关税威胁 Trump suddenly cancels the threat of tariffs on Europe, directly causing a wave of intense volatility in the crypto market—initially a sharp decline, followed by a rapid rebound. Bitcoin at its most panic point briefly dropped to about $87,000 (a new low this year), but after the "reversal" of the tariff news, it rebounded back above $90,000. Over the past 48 hours, more than $1.8 billion in positions have been liquidated, of which 93% were long positions, indicating that the market was already crowded and risk appetite was excessively high.

Trend analysis and opportunity risks:
1. This macro news "drastic change → rebound" indicates that Bitcoin and mainstream crypto assets are highly dependent on global political events and risk aversion in the short term. Major traditional financial events (such as Trump's trade policies) directly influence capital flows and bullish/bearish sentiment. The liquidation wave shows that leverage players have significant risk exposure, and any slight disturbance could intensify volatility.
2. After Trump announced the suspension of tariffs, market enthusiasm and buying interest returned, mainstream coins rebounded, and the overall market cap rose again to $3.14 trillion; major coins like ETH also rebounded, but liquidity and spot trading volume shrank noticeably during the decline, with some institutions and large holders tending to wait and see.
3. However, feedback from various analysis institutions suggests that most investors remain cautious. Bitcoin has not broken through key moving averages this year, and ETF fund inflows have not shown continuous growth. The market could resume volatility at any time, and similar news will repeatedly influence risk appetite.

Summary: The short-term rebound is a quick recovery driven by "trade tensions easing + risk sentiment loosening," but the overall crypto asset market remains volatile. Investors should stay alert, avoid excessive optimism or blind leverage. Although this news brought short-term benefits to the market, crypto prices still heavily depend on global politics and macroeconomic variables, making sharp fluctuations unavoidable. Position management and stop-loss strategies are essential; heavy risk-taking is not recommended. For medium- to long-term deployment, it is advisable to wait until major trend and ETF fund inflows stabilize before considering increasing positions.