Yellow Hair starts another trade war! 100% tariff hammer strikes Europe, crypto market about to change?

Just yesterday, Yellow Hair dropped a bombshell on social media — any European country that imposes digital services taxes on US tech companies will face a 100% tariff on all its goods from the US.

This is no joke — a 100% tariff essentially means no business can be done.

Now look at our crypto circle — Bitcoin just experienced a 4500-point crash in the past two days, though it has stabilized around 60k.

Today also coincides with the largest options expiration date of the year, with a huge outflow of funds. The 60k level has shifted from support to strong resistance.

To be honest, Jingyi believes that Yellow Hair's move is definitely bearish for the crypto market in the short term.

Once the trade war escalates, risk assets will be the first to suffer.

But in the long run, intensified trade friction will only weaken the US dollar, and then Bitcoin's "digital gold" safe-haven narrative may be revived.

The key now is — can 60k hold?

If it doesn't hold, the downside space opens up.

Weekend volatility is low, making it a good time for retail friends to scalp and accumulate positions. Watching only brings envy; only by entering the game can you reap results. Jingyi is always online! #哥伦比亚VS葡萄牙