当特朗普的公告指导价格时

如果您遵循金融市场，您可能会遇到“风险驶入”和“风险”术语。现在，我们似乎正在进入“关税/关税”的新时代。

Financial markets are largely influenced by two key terms: "risk-on" and "risk-off." Recently, a new dynamic has emerged in response to President Trump's tariffs announcement, introducing the concept of "tariffs on/tariffs off."

金融市场在很大程度上受到两个关键术语的影响：“风险驶入”和“风险”。最近，出现了一种新的动态，以回应特朗普总统的关税公告，并介绍了“关税/关税”的概念。

During a risk-on period, assets that are sensitive to growth, such as stocks and cryptocurrencies, tend to rise in value. This is typically driven by expectations of economic expansion or accommodative monetary policy. On the other hand, risk-off situations are characterized by a lack of investor confidence, leading to sell-offs and a preference for safer assets.

在风险时期，对增长敏感的资产（例如股票和加密货币）的价值往往会上升。这通常是由对经济扩张或适应性货币政策的期望驱动的。另一方面，冒险情况的特征是缺乏投资者的信心，导致抛售和偏爱更安全的资产。

This week, President Trump's tariffs announcement have had a significant impact on markets. On Monday morning, bitcoin (BTC) price took a hit, plummeting to nearly $91,000 as Canada and Mexico retaliated against Trump's tariffs. This marked the "tariffs on" trading session.

本周，特朗普总统的关税宣布对市场产生了重大影响。周一早上，比特币（BTC）的价格受到打击，随着加拿大和墨西哥对特朗普的关税进行报复，跌至近91,000美元。这标志着交易会的“关税”。

However, the tables turned later in the day when bitcoin rebounded above $100,000 after Trump paused the Mexico tariffs for 30 days and announced the creation of a sovereign wealth fund, sparking hopes of potential investments in BTC. This shift signaled the "tariffs off" trading session.

However, the tables turned later in the day when bitcoin rebounded above $100,000 after Trump paused the Mexico tariffs for 30 days and announced the creation of a sovereign wealth fund, sparking hopes of potential investments in BTC.这种转变标志着“关税”交易会。

The bullish momentum seemed to stall on Tuesday morning as China retaliated against Trump's import tax, resuming the "tariffs on" trading session. BTC price dropped over 3% to $98,000, dragging altcoins lower. Nasdaq futures also declined by more than 0.5%, while the dollar drew haven bids.

在中国对特朗普的进口税进行报复，恢复了交易会的“关税”，看涨的势头似乎在星期二早上停滞不前。 BTC的价格下跌了3％以上，至98,000美元，将Altcoins拖下来。纳斯达克期货也下降了0.5％以上，而美元德鲁避风港的出价。

If Trump manages to announce an 11th-hour deal with China, like he did with Mexico and Canada on Monday, bitcoin and the broader crypto market will likely rebound. However, foreign-exchange market activity suggests that this scenario is likely.

If Trump manages to announce an 11th-hour deal with China, like he did with Mexico and Canada on Monday, bitcoin and the broader crypto market will likely rebound.但是，外国交换市场活动表明这种情况可能是可能的。

The AUD/CAD pair is down only 0.3% for the day, indicating that traders don't anticipate a protracted tariff war between the U.S. and China. The Australian dollar is commonly used as a proxy for China in forex markets.

AUD/CAD对当天仅下降了0.3％，这表明交易者预计美国和中国之间的关税战争不会持久。澳元通常用作外汇市场中中国的代理。

“A cross like AUD/CAD should trade sharply lower in this situation given Canada has dodged tariffs and China has not, but it is only 0.5% lower on the day. That signals markets are pricing in a good chance that the US and China will also strike a deal and delay tariffs,” ING wrote in a note to clients.

“在这种情况下，鉴于加拿大的关税却没有避免使用，在这种情况下，像AUD/CAD这样的十字架应大幅下降，但当天的关税还没有降低，但它仅降低了0.5％。 Ing在向客户的一份通知中写道：“这发出信号市场的定价很有可能使美国和中国达成协议并延迟关税。”

Despite the analysis, anything can happen with Trump, so traders should expect heightened volatility and stay vigilant.

尽管进行了分析，但特朗普可能会发生任何事情，因此交易者应该期望波动率更高并保持警惕。