#美国核心物价涨幅不及市场预估 Trump just announced tariffs on the EU, and the entire market instantly exploded.

Yesterday's market reaction can be described as a textbook-level response to a risk event—once a policy statement was made, capital immediately reversed. Bitcoin was hit very hard at that time, with the price dropping below $92,000 in a short period. The bulls hadn't even reacted to what was happening, and the market pushed it down harshly.

But that's not all. At the same time, gold was soaring wildly, breaking through the $4700 per ounce mark and hitting a new high. This is a typical manifestation of risk aversion sentiment fermenting—when policy uncertainty increases, funds start flowing from risk assets to traditional safe-haven assets.

The volatility in the crypto space becomes particularly evident at this moment. The reaction speed of the crypto market is indeed fast, but the cost is that the shocks endured are also greater. Traditional safe-haven assets like gold, on the other hand, became the winners. From the perspective of capital flow, this process was completed very quickly—policy stimulus → market re-pricing → capital reallocation, all in one go.

This incident actually serves as a reminder to all participants: the market will always experience intense fluctuations due to macro policy changes. Proper position management and risk control are fundamental skills that never go out of style. Black swans can fly out at any time, and unprepared players often pay the highest price.