Last night, Beijing issued an emergency directive to domestic banks to investigate the risk exposure to Venezuela, which is intertwined with complex geopolitical and financial factors.

China once provided over 50 billion USD in oil-backed loans to Venezuela. Now, with Maduro's arrest and the turbulent situation, recovering the 50 billion USD is uncertain. Since Trump took office, there have been continuous actions in Latin America, and China's strategic layout in the region faces challenges. If Venezuela's oil situation changes, international oil prices could surge to over 100 USD.
This wave of turbulence is also affecting the crypto market. Safe-haven assets like gold and Bitcoin may soar, while oil-related and geopolitical tokens will fluctuate. But retail investors should not rush blindly; in international events, most retail investors lose money on costs. Using rebate accounts can significantly reduce trading costs and improve survival rates, which is especially advantageous in the current high-volatility environment. $BNB $SOL $XRP
In terms of trading, chasing highs is not advisable. Try small positions, set strict stop-losses, and use rebate accounts to leave room for trial and error. Observers should pay attention to oil prices, Chinese statements, and Trump’s actions. This year has seen many black swan events. Reducing trading costs, controlling positions, and maintaining patience are key to ultimately succeeding in the crypto space.