PANews reported on May 26 that QCP Asia analyzed that although Trump's proposal to impose a 50% tariff on EU goods (previously 20%) caused short-term market turmoil, market sentiment quickly recovered after the announcement of a postponement to July 9. BTC prices fell to $106,000 over the weekend and then rebounded to $110,000. Benefiting from continued ETF fund inflows, BlackRock's IBIT has recorded net inflows for 30 consecutive days.

At the same time, the volatility spread of BTC in July and June fell from a high of 2 to below 1, suggesting that the market may be preparing for the next round of policy changes. Although congestion at European and American ports has pushed up freight rates and may bring about a new round of inflation, the digital asset market remains relatively stable, in contrast to the outflow trend of technology stock ETF TQQQ since April.