Recently, a significant piece of news has attracted widespread attention in the financial markets. Trump announced that the originally scheduled effective date for the reciprocal tariffs would be postponed to August 7. This decision may appear to be a de-escalation on the surface, but it could actually be the calm before a larger storm.

This initiative is essentially a stress test of the global economic and trade landscape. Considering the significant tariff levels proposed in this plan, once implemented, it will have a substantial impact on global supply chains and trade order. As an important component of the global financial system, the cryptocurrency market will also find it hard to escape the repercussions.

The impact on the cryptocurrency market can be analyzed from both short-term and long-term perspectives:

In the short term, the delay in the implementation of tariffs may temporarily alleviate the market's fear sentiment, and cryptocurrency prices may experience a brief rebound. This is mainly because, before the policy is officially implemented, the market often speculates on expectations.

In the long run, the uncertainty of trade friction still exists. If negotiations a week from now fail to reach a consensus and tariff policies are formally implemented, global economic uncertainty will sharply increase. In this case, capital flows may exhibit two extreme scenarios: one is viewing cryptocurrencies as safe-haven assets, similar to Bitcoin's performance at the beginning of the pandemic in 2020; the other is a massive sell-off of all risk assets due to panic, leading to severe fluctuations in the cryptocurrency market.

It is worth noting that this week is actually a 'countdown' period rather than a 'safe zone'. The cryptocurrency market is about to enter a challenging time. Investors need to closely monitor the progress of subsequent negotiations, adjust their positions reasonably, set stop-loss orders, and prepare for the potential financial storm that may come.

In this complex and ever-changing market environment, opportunities and risks coexist. Investors should remain calm, analyze the situation rationally, and make prudent decisions to cope with the upcoming market fluctuations.