特朗普关税2.0在这里，比特币价格变动处于压力下

特朗普关税20战争就在这里，投资者紧随市场的反应。财务分析师将当前状况与第一次关税战争进行比较

The Trump tariff war 2.0 has begun, and investors are closely following the market reactions. Financial analysts are drawing parallels between current conditions and the first tariff war during Trump’s presidency, which spanned from 2017 to 2019.

特朗普关税2.0已经开始，投资者正在紧密遵循市场反应。在特朗普总统任期期间，财务分析师在当前状况与第一次关税战争之间取得了相似之处，在特朗普的总统任期期间，该战争从2017年到2019年。

Investors who navigated the crypto market during that period will recall the significant market movements, especially in Bitcoin. As the market faces uncertainty, investors are keeping a close eye on key indicators.

在此期间，在加密货币市场上导航的投资者将回忆起重大的市场变动，尤其是在比特币中。由于市场面临不确定性，投资者正在密切关注关键指标。

Among these indicators, the US Dollar Index (DXY) and M2 Money Supply are critical signals for market direction. Recent market trends are closely mirroring those from Trump’s first administration.

在这些指标中，美元指数（DXY）和M2货币供应是市场方向的关键信号。最近的市场趋势紧密反映了特朗普第一届政府的趋势。

A chart published by ZeroHedge showcases how the DXY in 2025 is closely following its patterns from 2016.

由Zerohedge发布的图表展示了2025年的DXY如何紧密地遵循其2016年的模式。

Investors are also wondering if Bitcoin price movements could mirror the 2017 rally. In 2025, investors saw gold prices climb 10% year-to-date. In contrast, Bitcoin prices have fallen by nearly 10% during the same period.

投资者还想知道比特币价格变动是否可以反映2017年的拉力赛。 2025年，投资者看到黄金价格逐年上涨10％。相比之下，同一时期的比特币价格下跌了近10％。

This shift indicates investors’ preference for safer assets amid the Trump tariff war 2.0.

这一转变表明，在特朗普关税2.0中，投资者偏爱更安全的资产。

On March 4, Bitcoin experienced a rapid decline, dropping nearly $2,000 in just 25 minutes. Prices moved quickly away from the resistance level at $90,000.

3月4日，比特币迅速下降，仅在25分钟内下降了近2,000美元。价格迅速从阻力水平转移了90,000美元。

Such volatility, even without major news events, highlights the crypto market’s sensitivity to liquidity changes and technical levels. According to The Kobeissi Letter, similar volatility occurred during the first Trump tariff war in 2019.

即使没有重大新闻事件，这种波动性也突出了加密货币市场对流动性变化和技术水平的敏感性。根据Kobeissi的信，在2019年的第一次特朗普关税战争期间发生了类似的波动。

Investors who navigated volatility during that period identified bargain opportunities. For instance, when the stock market experienced a downturn in early 2019, investors recognized a buying opportunity as the market had already priced in pessimism.

在此期间驾驶波动性的投资者确定了讨价还价的机会。例如，当股市在2019年初经历低迷时，投资者承认了购买机会，因为该市场已经定价为悲观。

At the time, reports highlighted a potential increase in Trump’s tariffs on $200 billion worth of Chinese goods. This move threatened to escalate the trade war and dampen economic prospects.

当时，报道强调了特朗普对价值2000亿美元中国商品的关税可能增加。此举可能会升级贸易战并抑制经济前景。

As a result, the S&P 500 futures saw a decline of 1.1%, and the Dow Jones Industrial Average futures fell by 1%. However, in a surprising turn, Trump announced a delay in the tariff hikes.

结果，标准普尔500指得期货下降了1.1％，道琼斯工业平均值下降了1％。然而，令人惊讶的是，特朗普宣布延迟关税加息。

This announcement led to a rebound in both S&P 500 futures, which rose by 0.3%, and Dow futures, which gained 0.2%.

这一公告导致标准普尔500指得期货的反弹，该期货增长了0.3％，道dow期货上涨了0.2％。

The term “altcoin season” is resurfacing as analysts consider possible market reactions to the Trump tariff war 2.0.

由于分析师认为可能对特朗普关税2.0的市场反应，“ Altcoin季节”一词正在重新铺面。

Analyst bitcoindata21 recently noted similarities between Bitcoin’s price patterns in 2025 and the 2017 bull market.

分析师BitcoIndata21最近指出了2025年比特币价格模式与2017年牛市之间的相似之处。

History shows that a strengthening Bitcoin market often precedes a rally in altcoins. Typically, investors rotate capital from Bitcoin into altcoins following price peaks, as witnessed in 2017.

历史表明，加强比特币市场通常是在山寨币中进行集会之前的。通常，在价格峰值之后，投资者将资本从比特币旋转到Altcoins，如2017年所见。

A recent analysis also compared Bitcoin price movements, the US Dollar Index, and the M2 Money Supply. The analysis emphasized past market cycles, noting how a weaker dollar historically benefits crypto markets.

最近的分析还比较了比特币价格变动，美元指数和M2货币供应。分析强调了过去的市场周期，并指出了较弱的美元历史上如何使加密货币市场受益。

DXY recently broke below an important support level at 101.3, which could signal positive momentum for Bitcoin and altcoins. A weaker dollar usually drives investors toward alternative investments, including cryptocurrencies.

DXY最近在101.3的重要支持水平下打破，这可能标志着比特币和山寨币的正势。较弱的美元通常会驱使投资者进行替代投资，包括加密货币。

Market analysts are also tracking the expanding M2 Money Supply, another indicator correlated with crypto market performance. Experts anticipate that increases in the M2 supply by late March may improve liquidity conditions, impacting crypto assets.

市场分析师还在跟踪不断扩大的M2货币供应，这是另一个与加密货币市场绩效相关的指标。专家预计，到3月下旬，M2供应的增加可能会改善流动性状况，从而影响加密资产。

The combination of a weaker dollar, tariff policies, and liquidity changes keeps investors attentive. For now, volatility remains high, and traders are closely observing short-term market signals amid broader economic uncertainty.

美元薄弱，关税政策和流动性变化的结合使投资者的注意力使得。目前，波动率仍然很高，并且由于更广泛的经济不确定性，交易者正在密切观察短期市场信号。