#ETH The equivalent tariffs came into effect today at 12 o'clock, and there is no so-called delay. In fact, we have an additional 104% tariff that has already begun to take effect. However, after today's tariffs were implemented, the capital market instantly started to rebound, with both A-shares and Hong Kong stocks rebounding, including the crypto market.

After the tariffs landed, interest rate cuts began to enter people's sights. Today, the Federal Reserve's meeting minutes will be published. On the European side, it has basically been confirmed that they will cut interest rates, and the market is starting to bet on the probability of a rate cut in May. The reason we discussed earlier is also a way for Trump to force the Federal Reserve to loosen monetary policy.
The Trump family's crypto project WLFI related wallet sold 5,471 ETH at an average price of $1,465 half an hour ago, yielding $8.01 million. This address previously spent about $210 million to buy 67,498 ETH at an average price of $3,259, resulting in a current unrealized loss of approximately $125 million. The WLFI project's prominent liquidation is indeed the most ridiculous operation this time, taking the chips given by the retail investors to the market's high position to buy in, thinking it could drive up some token prices, but unexpectedly, the clown turned out to be themselves, and ultimately no investment project made a profit. Moreover, the funniest part is that they liquidated after suffering over a 50% loss.
The conclusion is that we have entered a bear market, still shorting Ethereum!