比特幣動搖但仍然站著：解碼美國製造的撲克動作

通過宣布進入美國的鋼鐵和鋁的25％關稅，他在金融市場上撒了恐慌。比特幣沒有免於打屁股

Donald Trump's "Make America Great Again" initiatives have had a wide range of effects on the financial markets, including bitcoin.

唐納德·特朗普（Donald Trump）的“使美國再次偉大”倡議對包括比特幣在內的金融市場產生了廣泛的影響。

When Trump announced 25% tariffs on steel and aluminum entering the United States, it caused panic in the markets. Bitcoin briefly dropped to $94,000 before bouncing back to over $97,000.

當特朗普宣布對進入美國的鋼鐵和鋁徵收25％的關稅時，這引起了市場的恐慌。比特幣短暫降至94,000美元，然後彈跳到97,000美元以上。

The same story unfolded for Ether, which fell to $2,537 before recovering above $2,645.

Ether的同樣故事跌至2,537美元，然後恢復了2,645美元。

The crypto market as a whole wobbled, with total capitalization dropping from $3.15 to $3.10 trillion. However, after a few hours of panic, the bullish trend resumed.

加密市場整體搖擺不定，總資本化從3.15美元下降到3.10萬億美元。但是，經過幾個小時的恐慌，看漲的趨勢恢復了。

The fear, measured by the Crypto Fear & Greed Index, is nonetheless still very present. It dropped from 46 to 43 in just 24 hours, signaling a market still timid.

通過加密恐懼和貪婪指數來衡量的恐懼仍然非常存在。它在短短24小時內從46下降到43個，這表明市場仍然膽怯。

Trump, for his part, has not finished playing the troublemaker: after steel and aluminum, he already plans to tackle other sectors like semiconductors and oil.

就特朗普而言，他尚未完成扮演麻煩製造者：在鋼鐵和鋁製之後，他已經計劃解決其他部門，例如半導體和石油。

This is not the first time that the markets have taken a Trump-signed uppercut. Since the beginning of the month, the former president has been multiplying protectionist announcements, imposing 25% tariffs on imports from Canada and Mexico, and 10% on those from China.

這不是市場第一次參加特朗普簽名的上議院。自本月初以來，前總統一直在增加貿易保護主義的公告，對加拿大和墨西哥的進口徵收25％的關稅，而來自中國的進口稅率為10％。

The result? A generalized chaos, from Nasdaq to cryptos to South Korean steel mills.

結果？從納斯達克到加密貨幣再到韓國鋼鐵廠的廣義混亂。

If certain U.S. trading partners hope these measures won't last long, Trump persists and signs:

如果某些美國貿易夥伴希望這些措施不會持續很長時間，那麼特朗普堅持不懈地跡象：

“ If we are taxed at 130% and we don’t tax anything in return, it won’t stay like this,” he stated.

他說：“如果我們以130％的稅率徵稅，而我們不徵稅任何回報，那就不會這樣。”

This protectionist power move however has its limits. During the previous wave of tariffs, he had to backtrack by suspending tariffs on Canada and Mexico after just 30 days.

但是，這種貿易保護主義的動力移動有其限制。在上一波關稅期間，他不得不在短短30天后暫停對加拿大和墨西哥的關稅來回溯。

But let's be clear: the truce is only temporary, and the markets are already trembling at the thought of a new wave of surcharges.

但是，讓我們清楚一點：休戰只是暫時的，並且在想到新的附加費時，市場已經在發抖。

While bitcoin and the crypto market quickly digested the news, the situation remains fragile. Every Trump announcement causes a shockwave, and the latest episode is not going to reassure investors.

儘管比特幣和加密市場很快消化了新聞，但情況仍然脆弱。每個特朗普的公告都會引起衝擊波，最新一集不會讓投資者放心。

Liquidations have been colossal, reaching between $8 and $10 billion according to Bybit.

清算是巨大的，根據拜特比特（Bybit）的說法，達到8至100億美元。

Some figures to measure the extent of the shock:

一些數字來衡量衝擊的程度：

Although the storm seems temporarily calmed, the specter of a collapse still looms. If Trump follows through on his threats and reintroduces the suspended tariffs, the crypto market could experience another shakeup.

儘管暴風雨似乎暫時平靜了，但崩潰的幽靈仍然隱約可見。如果特朗普遵循自己的威脅並重新引入了暫停的關稅，那麼加密貨幣市場可能會再次進行改動。

This sudden drop, although quickly corrected, illustrates the market’s fragility in the face of Trump’s whims. Some analysts even estimate that Bitcoin could still collapse, especially if the crucial threshold of $93,000 were to be tested again. One might say that the battle between BTC and U.S. protectionist decisions is just beginning.

這種突然的下降雖然很快得到糾正，但表明了面對特朗普的異想天開的市場脆弱性。一些分析師甚至估計比特幣仍然可能崩潰，尤其是如果要再次測試93,000美元的關鍵門檻。有人可能會說，BTC和美國貿易保護主義決定之間的戰鬥才剛剛開始。