One of the largest crashes in history has occurred. A Position worth 2.27 billion US dollars has been liquidated.
So why? The reason lies in the macroeconomic aspect. We are happy about Trump's arrival, but no one realizes what is happening. The US-China trade war. Even this time, the stakes have been raised. A global trade war. Trump first said that we have already fed Canada and now let it become our 51st state, otherwise there will be serious tariffs. Then he made similar remarks about Mexico. He wants Greenland and proposes increasing tariffs on China. So does the United States only import goods from these countries? In other words, do they only do import business? No. We have the U.S. foreign trade data published in 2023. Based on the data of 2023: Export: $2.05 trillion Import: $3.1 trillion Trade deficit: $1.05 trillion The largest imports and exports are all related to three countries: China, Canada, and Mexico. What does customs duty mean; if you bring goods into my country, I will charge you an additional ( tax ). In this case, the importing country retaliates by imposing tariffs on us. If these situations occur, world trade will be seriously affected. For example, due to high tariffs, multinational corporations in many countries may go bankrupt, which could have a chain reaction globally. (I think the likelihood of this is small) #Which Sectors Are You Watching in 2025? What can we do in the cryptocurrency field? Nothing is. We're just burying our heads in the sand waiting. All the serious cryptocurrency gains happened in February. So such a big crash might be a big opportunity for those who survived.
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One of the largest crashes in history has occurred. A Position worth 2.27 billion US dollars has been liquidated.
So why?
The reason lies in the macroeconomic aspect. We are happy about Trump's arrival, but no one realizes what is happening. The US-China trade war. Even this time, the stakes have been raised. A global trade war.
Trump first said that we have already fed Canada and now let it become our 51st state, otherwise there will be serious tariffs. Then he made similar remarks about Mexico. He wants Greenland and proposes increasing tariffs on China.
So does the United States only import goods from these countries? In other words, do they only do import business? No. We have the U.S. foreign trade data published in 2023.
Based on the data of 2023:
Export: $2.05 trillion
Import: $3.1 trillion
Trade deficit: $1.05 trillion
The largest imports and exports are all related to three countries: China, Canada, and Mexico.
What does customs duty mean; if you bring goods into my country, I will charge you an additional ( tax ). In this case, the importing country retaliates by imposing tariffs on us. If these situations occur, world trade will be seriously affected. For example, due to high tariffs, multinational corporations in many countries may go bankrupt, which could have a chain reaction globally. (I think the likelihood of this is small) #Which Sectors Are You Watching in 2025?
What can we do in the cryptocurrency field?
Nothing is. We're just burying our heads in the sand waiting. All the serious cryptocurrency gains happened in February. So such a big crash might be a big opportunity for those who survived.