Recent developments in the international trade situation may cause significant shocks to the crypto market, especially for mainstream coins like Ethereum.

According to the latest updates, the US government plans to implement a new round of tariffs on some European countries, initially increasing tariffs by 10%. If subsequent negotiations fail to make progress, an additional 25% tariff barrier could be imposed within six months. This escalating trade pressure is triggering strong reactions from Europe.

European policymakers have signaled that they are very likely to revise or retaliate against existing trade agreements. Considering that the US stock market is closed on Monday, Europe's actual countermeasures are likely to unfold after markets reopen on Monday, while the intense volatility in global markets will fully manifest by Tuesday. This means the crypto market will start digesting this information during Monday night, and significant price fluctuations are expected on Tuesday.

From a technical perspective, ETH has approached the critical support level of $3000. If the worsening trade situation leads to risk assets being shunned, a breakdown and downward move are indeed possible. However, this uncertainty could also attract some hedging funds into digital assets.

During the opening phase next week, it is recommended to closely monitor policy developments in Europe and America, as well as market sentiment indicators.