During dinner tonight, I was still talking about how easy it was this weekend. I didn't run around and there wasn't much market change. Even BTC emerged as an independent market. However, in the afternoon of US time, I started to have some problems. Bitcoin fell 5.5%, ETH fell more than 10%. Although I didn't go to Hong Kong, I still contributed to the Hong Kong event. We analyzed many reasons for the decline in the evening, but they were a bit far fetched. There was really no clear reason to prove what the decline was related to. It is also incorrect to say that it was the implementation of equivalent tariffs, because after Lutnik stated that equivalent tariffs would be implemented on schedule, several countries and regions still expressed that adjustments could be made, which is a good thing. After all, the equivalent tariffs announced on the 2nd are the worst-case scenario, and any result better than this is a plus point for the market. In addition, we have also seen that although Bitcoin has temporarily fallen below $79000, the trading volume is not high, which indicates that the selling entities are not large institutions or so-called "market makers", but rather seem to be hedging. Moreover, in terms of time, it is the main trading time in Europe and the United States, and it cannot be ruled out that it is a hedging sentiment towards Monday's European tariff countermeasures. In fact, I am more concerned about the opening of US stock futures and the entry into the main trading hours in Asia in a few hours. If US stock futures continue their downward trend on Friday, it is uncertain whether Asian investors will react more panic in the face of the decline in the stock market and cryptocurrencies. But personally, I still think that as long as the economy does not decline, around $70000 should be a good bottom range. Of course, I may not be right. I will continue to buy at the bottom this time, but not only in terms of price, but also in terms of time. If the price of BTC is lower than the previous low of $77000 after the announcement of equivalent tariffs, I may consider starting to build a small amount of Bitcoin, mainly because I am worried about the GDP data to be released at the end of the month, so I do not want to increase the game theory, and this idea may need to be further improved. Looking back at the data of Bitcoin itself, as expected, there hasn't been a significant turnover, and it's still short-term investors, especially those who have been buying at the bottom in the past two days. After looking at the date, I wondered if the reason for some investors' panic was due to the official implementation of the 10% tariff on Monday? After all, the average tariff in the United States was only 2.5% in 2024, and now it has reached 10%. This also indicates that there are currently no signs of significant panic on the chain, and the selling is more likely to come from the stock of Bitcoin on the exchange. Let's see the market reaction on Monday. Due to the low liquidity on the chain, there has been no fundamental change in the current support structure. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex