QCP Capital analysis shows that Trump administration's trade policy has triggered significant Fluctuation in global markets, with the yield curve of government bonds entering a Bear Market trend. The price difference between gold in New York and London has widened, indicating potential challenges in gold logistics transfer, and alerting that the scope of tariffs may further expand. The Cryptocurrency market has witnessed nearly $2 billion in liquidation, driving today's risk aversion across asset portfolios, and the market Fluctuation is expected to continue.