Trader Eugene posted, "The introduction of global trade tariffs marks a change that has not been seen in more than 50 years of the world order. Free trade has been a key factor driving productivity and economic growth, leading to the largest long-term bull market ever. The move from open to protectionist stance will have profound effects, and this impact will take years to gradually emerge unless Trump abandons his tariff plan altogether. I think the possibility is very low. This will pose a considerable long-term resistance to global risky assets. On the cryptocurrency side, the structural decline of active developers in the recent past may be the most worrying thing. In the last cycle, we could watch developer activity and feel comforted because we know our industry is still benefiting from a long-term tailwind. Fast forward 2-3 years later, not only did we not produce anything particularly interesting or important, but the future prospects are even worse than it was. In the last cycle, we were looking forward to ETFs The launch, and a better regulatory environment under the leadership of the government that supports cryptocurrencies, is the dawn of the tunnel at the end of the tunnel. Now that these have come true, but (again) failed to meet expectations, I don’t see anything in the future that can lift cryptocurrencies out of their natural ‘Ouroboros’ (self-cycling, self-eating dilemma). In the next few weeks to months, I hope to reduce operations in the cryptocurrency space, both in long and short, because I think it’s the smartest choice. Being a believer waiting for a new bull market is no longer a reverse thinking. However, starting to explore new green spaces (undeveloped areas) is reverse. The only highlight for me is that Bitcoin usage scenarios and global acceptance are stronger than ever, which may allow believers to continue to hoard Bitcoin and get good returns (I hope so). By 2035, Bitcoin reaches 100 per coin In my opinion, tens of thousands of dollars are not a fantasy."