Trump emphasized not to suspend tariffs a day ago, but quickly "reneged on his promise" to impose 125% tariffs on China, and suspend tariffs on other countries for 90 days, leaving only 10% of the basic tariffs. The market sees this as a significant easing signal, with the Nasdaq and S&P rebounding strongly, and the VIX plummeting from 57 to 33. Some institutions have lowered the probability of a US economic recession. However, the 25% import tax on automobiles is still in effect, combined with a basic tariff of 10%, and inflationary pressure still exists, especially affecting the second-hand car market. The CPI and PCE data for May are difficult to reflect the comprehensive impact, and will gradually be reflected from June onwards. The Federal Reserve minutes show no intention of early interest rate cuts and still rely on future employment and economic data. The market rebound has led to a slight increase in turnover, with short-term investors being the main drivers of turnover, while long-term chips are still under observation. A new chip intensive area has formed around $83000, forming the prototype of "bottoming out". Investors in the $93000-98000 range are very stable, with only a small amount of turnover. Even if BTC falls back to $74000, there is no panic, indicating that there is currently no strong pressure in the area. This market rebound is of a mitigating nature and not a trend reversal. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex