Tariff Implementation Day, the Market's True Test Begins

Today marks the official enforcement of Trump's tariffs, and it is a critical turning point for April's market trend.

Over the past week, the market has already priced in two major positives—hopes for a US-Iran ceasefire and Powell's dovish statements. But today, with tariffs coming into effect, the pressure to "sell the news" could appear at any moment.

My judgment:

Short-term volatility is unavoidable, but it does not change the medium-term bullish outlook.

The impact of tariffs on the market can be viewed in two scenarios:

• Impact less than expected → Market quickly absorbs the shock, BTC surges past 78,000+, US stocks continue to rise
• Impact exceeds expectations → Short-term pullback of 5-10%, but this is actually the best opportunity to add positions

Trading strategy:

Today, avoid chasing highs. Wait for the first reaction after tariffs are implemented to assess. If panic selling occurs, it could be a chance to buy. Keep positions at 60% and save some bullets.

This week's core logic: Ceasefire + dovish stance = medium-term bullish, tariffs = short-term disturbance. Don’t miss medium-term opportunities because of short-term fluctuations.