#TrumpWithdrawsEUTariffThreats

What markets are actually reacting to is the continuation of uncertainty. Although Trump's withdrawal of tariffs on the EU is seen as a positive signal for risk assets in the short term, a "wait-and-see" approach still dominates the markets. Why? 😊

- *Bitcoin's Lack of Reaction*: BTC's lack of a strong response indicates that macroeconomic uncertainties are still ongoing. In other words, there is no full relief in the markets.
- *Gold's Strong Position*: Gold remains strong. This also shows that investors are still trying to protect themselves. In other words, there is no "everything is fine" feeling.
- *Stock Market Situation*: Stocks are also indecisive. There is no appetite for risk, and a wait-and-see approach prevails.

All of these suggest that what is happening in the markets is more about delaying uncertainty rather than a structural change. In other words, withdrawing tariffs alone is not enough; permanent policy changes are necessary.

What should be done? A "wait-and-see" approach currently dominates the markets, so it is best to observe how assets respond. 😊