Affected by the U.S. tariffs, global assets have entered a panic selling stage. BTC has shown relatively strong performance over the past week but is still influenced by macro factors, making it difficult to establish an independent market trend. As multiple countries and regions announce countermeasures against the U.S. tariffs, market volatility intensifies.

Especially after China announced a 34% tariff on all U.S. imports starting from April 10, the international giants' game intensified the market's selling frenzy, leading to a "Black Monday". Not only did macro assets plummet comprehensively, but the Nasdaq index has also fallen nearly 25% from its peak, U.S. stocks dropped 4%, and BTC hit a low of $74,508, with a maximum fluctuation exceeding 10% in 24 hours.

The market is overly focused on "reciprocal tariffs," deepened by the influence of news. From the rumor of "90-day suspension" to the "denial of false information," BTC surged rapidly to $81,200 on the 7th.