#Gate广场四月发帖挑战

Trump's latest remarks on "blockading the Strait of Hormuz" constitute a typical "geopolitical negative factor" for ETH. As a result, ETH has experienced a short-term sharp decline, and the market has entered risk-averse mode.

📉 Immediate market impact

Price plunge: Influenced by Trump’s announcement of “U.S. military blockade of the Strait of Hormuz,” ETH quickly dropped along with the broader market. As of the evening of April 12, the price fell from the 2,250–2,300 range to around $2,210, a decline of about 2–3%.

Liquidation wave: Market panic caused over $19 million in total liquidation within one hour, with long positions accounting for approximately 70%.

🗣️ Logic behind the remarks

Risk aversion dominates: This statement is of a military/geopolitical nature (threatening Iran, blocking shipping lanes), not related to crypto policy. Such news will directly boost the global fear index, prompting funds to withdraw from high-risk assets like ETH.

Policy benefits overshadowed: Although the Trump administration previously included ETH in the "strategic reserve" framework as a long-term positive, in the face of war risks, short-term risk aversion far outweighs policy expectations.

⚠️ Subsequent impact and risk management

Increased volatility: If the Middle East situation further escalates (such as confirmed military conflicts), ETH may continue testing the support levels of $2,150–$2,180.

Correlation risk: ETH currently lacks independent momentum and is highly tethered to BTC. If BTC falls below the $70k mark, ETH will face greater selling pressure.

Operational advice: During geopolitical black swan events, do not blindly bottom-fish. It is recommended to wait and observe until the “panic selling” volume peaks before making decisions.

Core conclusion: Trump’s “firepower” temporarily outweighs “policy.” Until the situation clarifies, ETH’s short-term logic is outflow of risk-averse assets, not fundamental changes.