PANews reported on February 19 that according to QCP Asia analysis, the market is still affected by inflation and tariff tensions. Currently, only the 10% tariff on some Chinese goods has taken effect, while the 25% tariff on Canada and Mexico is still negotiable. The steel and aluminum tariffs are scheduled to increase from 10% to 25% on March 12. Despite the uncertainty, the stock market continues to rise and the VIX volatility structure remains stable.

In the crypto market, Solana is under pressure due to the upcoming unlocking of 30 million SOL on March 1, and FTX-related SOL hedging transactions drag down BTC and ETH. At the same time, the meme coin $LIBRA supported by the Argentine president plummeted 89% after a brief surge of $4 billion, causing losses to a large number of investors.

In addition, MicroStrategy (MSTR) did not increase its BTC holdings for the second consecutive week, and its holdings remained at 478,740 BTC. However, the company plans to further increase its Bitcoin holdings through a $2 billion convertible bond. Despite market pressure, Bitcoin still holds steady at $95,000, but the lack of upward catalysts in the short term makes it difficult to break through higher levels.