Several senators from the U.S. Senate have jointly proposed a measure that intends to grant the president the power to impose tariffs of up to 500% on countries that buy oil from Russia—such as China.
The reason given is that China is "financing Russia's war" by purchasing Russian oil, and this money is indirectly flowing towards military purposes.
There are claims that China accounts for 60% of the Russian energy purchases, while 90% of the Iranian energy purchased goes to China. Faced with such a fierce threat, the Chinese side immediately retorted: "This 500% tariff is standard double standards!" The U.S. Vice President also came out to warn against underestimating America's leverage. It seems that this situation is not just a verbal battle; it has escalated.
🤔 The potential impact on our cryptocurrency community
-- Market uncertainty is skyrocketing, and people will become more cautious. Funds may withdraw from high-risk assets like cryptocurrencies and stocks to seek safer places.
-- Mainstream coins like Bitcoin and Ethereum may struggle initially and could be shaken out. Smaller coins and altcoins are even more vulnerable and can be easily cut when the wind blows.
-- However, in such a major storm, there may also be short-term opportunities for a "panic rebound." Engaging in this type of trading requires quick hands and a steady heart.
-- Leverage and lending tools carry extremely high risks in this scenario; one misstep could get you thrown off the boat.
💡 Don’t put all your eggs in risky ventures; allocate the majority of your assets into mainstream/cold wallets/high-quality projects. Keep some bullets for short-term opportunities, so you can take advantage of market fluctuations; but remember—entry and exit points must be precise. If you have leverage, reduce your exposure a bit; this kind of political/policy risk is beyond our control.
Keep a close eye on the follow-up of this proposal: Has it been voted on? Has it been challenged in court? How do foreign media/officials respond? Stay committed and don't blindly follow the trend; those who can endure loneliness will be able to laugh last after the storm passes.
