Trump's Tariff Announcement time is out.

According to news from the White House, Trump will announce the tariff policy for the entire world in the Rose Garden at 20:00 GMT tonight.

In this unfavorable situation, it is expected that the crypto market will face a downturn, but there hasn't been much decline. The short sellers have been exhausted for the past two months, and many are taking profits, which may instead create buying pressure.
It is anticipated that after the tariffs are implemented, the crypto market will gradually start to recover. Note that it will be a gradual recovery, with a rebound over several weeks, and the prices won't surge in just a few days.

However, tonight won't be too calm, as the market is still somewhat concerned about the specific amounts of tariffs Trump will announce. If the amount announced is very high, even if the negative impact has been fully priced in, there won't be much room for a rebound. On the other hand, if Trump announces a normal or even low amount, it will take off.

So, 20:00 GMT tonight is very crucial, as it relates to the future trend of the crypto market.