Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
January 21st, the crypto world experienced a dramatic reversal. Trump suddenly announced the cancellation of the planned 10% tariffs on 8 European countries scheduled for February 1st. The moment the news broke, the market reacted extremely quickly—Bitcoin surged straight up, briefly breaking $90,300, rebounding over 3% from the intraday low; Ethereum's rally was even more vigorous, bouncing from a low of $2,870 to $3,060, an increase of nearly 7%. The entire crypto market staged a classic V-shaped reversal.
Behind this rally lies a clear political signal. After meeting with NATO Secretary General at the Davos Forum, Trump proposed the so-called "Greenland Agreement Framework." According to official statements, this involves an agreement on defense system deployment and mineral development rights. US-EU trade tensions have thus temporarily eased.
Comparing this to the scene a week ago highlights how sensitive the market is. At that time, Trump had just issued strong words about tariffs, and the crypto market was in a state of panic. Funds were fleeing wildly in search of safe havens, with Bitcoin dropping below $87,000 and Ethereum hitting a nearly one-month low. In just a few days, the extreme market sentiment completely reversed.
Why does macro policy have such a direct impact on crypto assets? The core reason is that cryptocurrencies like Bitcoin and Ethereum are inherently high-risk assets. When geopolitical tensions worsen or global trade wars escalate, economic uncertainty spikes. In such an environment, investors tend to sell high-volatility assets first to cut losses, shifting funds into traditional safe havens like gold and the US dollar. Once risks subside and risk appetite recovers, capital flows back into the crypto market, driving prices up. This logic has been particularly evident recently.
However, experienced traders know that such policy reversals are often unpredictable. The so-called "agreement framework" has not even been formalized into an official document, and Denmark has explicitly stated it will not discuss Greenland sovereignty issues. If subsequent negotiations encounter setbacks, tariff threats could resurface at any time. How long this crypto rebound can last largely depends on the actual progress of US-EU trade negotiations. In the short term, market risk appetite is indeed recovering, but the long-term policy direction still requires close observation.
---
Greenland Agreement Framework? I just want to know what to do if the subsequent negotiations collapse again. We might see another wave.
---
Basically, it's a policy weather vane. Without a substantial agreement, all rebounds are just playing with fire.
---
The speed of capital fleeing and flowing back is the same. That's the real chives harvester, haha.
---
Why do I always feel like the crypto world is tied to international politics? Isn't this just a gamble?
---
What’s the point of short-term risk appetite rebounding? Just wait and see how many more variables there are later.
---
Within a week from 8.7 to 9.03 and now, I think this market is as unreliable as Trump's Twitter.
---
When policies change, coins go crazy. Isn't this just the rhythm of cutting leeks?
---
Greenland Agreement Framework? Sounds impressive, but in reality, there's not even an official document haha.
---
The V-shaped rebound looks pretty, but can it really hold? I think it's uncertain.
---
As expected, geopolitics still rules. Crypto enthusiasts are just waiting for the big shots' words.
---
Ethereum rose from 2870 to 3060. Brothers who entered the market at this wave should be grateful.
---
Denmark has already said they won't discuss Greenland. What if negotiations fall apart...
---
But this is the fate of high-risk assets. A single piece of news can trigger chaos.
---
In the end, it's still a game of risk appetite. Without new events, we just have to wait.
---
When the tariff threat resurfaces, this rebound can't be fully unleashed.
Denmark has already said they won't discuss it anymore, and we're still chasing the rally here. It feels a bit mysterious.
It's basically a game of risk appetite. When prices fall, people shout for help; when they rise, they become more aggressive than each other. Human nature in the crypto world is vividly displayed.
Such policy reversals often turn into reversals of reversals. Let's see how many days it can hold.
If the threat of tariffs truly makes a comeback, this rebound will instantly vanish into thin air.
---
Once again, a single word from Trump changes everything. The guys are still chasing highs. I feel exhausted just watching you.
---
Basically, it's political game-playing. We've been used as pawns. Capital flows in and out, how strong must the retail investor mentality be?
---
A week ago, it was all despair, and now everyone is rushing in. The emotional turnaround is really unbelievable.
---
Denmark has clearly stated they won't discuss Greenland anymore. The chance of a backlash later is huge, so better not get too excited.
---
High-risk assets are like this. When policies change, everything gets chaotic. In the long run, I remain somewhat pessimistic.
---
V-shaped rebound is meaningless. The key is how US and EU negotiations progress; otherwise, it’s just a flash in the pan.
---
Starting hype without even an official document, this mentality is truly unmatched.
---
Short-term risk appetite has indeed rebounded, but don’t be fooled by the rebound. The pitfalls are still ahead.
The Greenland framework hasn't even appeared yet, and Denmark has already started to turn away. How far this rebound can go is still uncertain.
We've seen the V-shaped reversal so many times this year, it's exhausting.
Short-term gains are satisfying, but if you want to hold long-term, you need to watch the negotiations closely. That's the real deal.
This is the fate of high-risk assets. A single policy statement can cause a 7% rise or fall in prices. If your heart isn't strong enough, you really can't play this game.
Speaking of which, the framework doesn't even have an official document, yet they dare to be so hyped... Denmark has already said they won't discuss Greenland, so it feels like this rebound could be suppressed at any time.
The $90,000 threshold feels like it's about to be tested again, probably betting that negotiations won't go awry.
These days, the rise has been a bit rapid, so watch out for a dump.
I'll just see how the policy develops next; short-term risk appetite has indeed returned, but don't be fooled by this V-shaped reversal.
Honestly, politics is politics, and the price of the coin just follows risk sentiment. Unless Trump really shuts up, this rally is just superficial.
How long can this rebound last? I think it's just a rebound, not a reversal.
Greenland Agreement Framework? There's not even an official document yet, it feels like just another pie in the sky.
Honestly, this circle is too easily influenced by policies; when risk appetite changes, prices just kneel.
Let's wait and see the subsequent negotiations, or it might just fall back again.
V-shaped reversal, making a fortune, but I'm just worried he'll change his tune again tomorrow.
Policy shifts cause the market to dance wildly; this is our fate.
Greenland Agreement? I think it's just hype, there's more to come.
Short-term gains are satisfying, but in the long run, it depends on how the US and Europe negotiations go. Be careful not to be careless.