Last night, U.S. stocks opened higher but turned lower, without setting new lows. The U.S. is expected to impose an additional 50% tariff on China, which should have this level of impact. The maximum tariff rate should be capped at 104% for China, and there won't be higher tariffs, so things will only improve from here, not get worse. It is uncertain whether Ethereum will set new lows; as long as U.S. stocks and Bitcoin do not set new lows, one can speculate on the bottom.
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Last night, U.S. stocks opened higher but turned lower, without setting new lows. The U.S. is expected to impose an additional 50% tariff on China, which should have this level of impact. The maximum tariff rate should be capped at 104% for China, and there won't be higher tariffs, so things will only improve from here, not get worse. It is uncertain whether Ethereum will set new lows; as long as U.S. stocks and Bitcoin do not set new lows, one can speculate on the bottom.