Orange Evening Interpretation 4.16 The 245% tariff is false propaganda. This is not official news, but Trump imposed an additional 100% tariff on some Chinese goods (such as syringes, needles, etc.) during the 2018 trade war. In addition to the current 145%, this figure is only 245%. So this is a digression. There is a lot of false information about the market downturn. Please pay attention to distinguish I saw a news report this afternoon that the US tariffs on China have increased again, from 145% in the past few days to 245%. Then various cryptocurrency trading groups exploded again, and the market began to decline from the afternoon. Then I went to the Office of the United States Trade Representative (USTR) and the official website of the White House to check, and found that the 245% was not an official message, but a message released by a Chinese influencer named @ JenniferZeng15. Then I used grok3 to check again, and found that the origin of this 245% is not a uniform tax rate, but the highest tariff rate for specific categories of goods. For example, during the 2018 trade war, the Trump administration imposed tariffs of up to 100% on some Chinese goods (such as syringes, needles, etc.), and this 100% added up to the previous 145%, resulting in a figure of 245%. Therefore, this should be an exaggerated propaganda news. Perhaps because the market is currently sluggish, many traders rely on this news to make the market more empty talk and gain profits from it. You should know that as long as the cryptocurrency market enters a bear market period, there will be countless false negative news coming out every day. Various analysts will tell you from different perspectives why it is a bear market, or if it will fall even more in the future, in order to deceive your chips out. The news in the cryptocurrency market is very mixed, and many of the news or analysis you see are purposeful. Since we have invested our funds and energy into it, we must be responsible for our own money and learn to filter out noise to distinguish truth from falsehood. Speaking of the latest news on tariffs last night, firstly, the talks between the EU and the US have collapsed. Bloomberg reported that there has been little progress in resolving the trade dispute between the two sides. US trade officials stated that during the two-hour negotiation period, the EU did not understand the intentions of the US, so the result is that the US and European tariff policies will remain unchanged in the future. The EU has announced that negotiations have reached a stalemate and it is expected that the United States will not lift most of its tariffs on Europe. This is the main reason for the decline in the US stock and cryptocurrency markets last night. In contrast, the progress of tariff negotiations between the UK and the US has been relatively smooth. Vance stated that both sides will reach a great agreement, and the market expects zero tariffs; Then last night, the Trump government was sued by the United States Court of International Trade for tariff, which believed that the power to set tax rates was in Congress, not the President of the United States; US Treasury Secretary Besant and trade advisor Navarro had a disagreement. The former said that no one believed that the US tariff policy against China could be sustainable, while Navarro advocated to continue to be tough. It was expected that the market was now dominated by Trump, rather than being controlled by these two great minds. The two people obviously fought in the internal battle. If Besant won, it would be a great benefit to the market. If Navarro won, then let alone China's tariffs, tariffs on other 75 countries might also not be lowered, which would be very bad for the market. Of course, although Chuanzi's tariff policy has hit the currency market a lot, it is good for the currency market after it is not even. The reason why the market is depressed is that tariffs have led to the withdrawal of a large number of funds from the market, resulting in insufficient market liquidity, so the currency market has started to pull back, especially for the counterfeits. Previously, the funds did not flow to the counterfeits, but now they have been sucked, and then the mood has also dropped, so many counterfeits have kept falling, but this policy will certainly not let this bull market end. As Trump said, once the market adapts to the new tariffs, then the next will be very strong. This is also true, as long as the printing machine horsepower The market liquidity crisis will not be so terrible, and the most important thing is encryption, Tariff may be a very important purchase of funds. Trump has said many times that he will not use taxpayers' funds to buy big cakes, but tariffs are collected from other governments or trading companies, which is certainly not taxpayers' money, so it is reasonable and legal to use this part of funds to buy encryption, so the matter of tariffs should be viewed dialectically. Short term negative may be good in the long run, at least it is a hope for big cakes. Finally, let's talk about shanzhai. Today I heard a saying that big cakes are gold, Ethereum is oil, gold focuses on value storage, and oil is the foundation of all industries. This statement is indeed true. Ethereum has also played the role of oil for 10 years, but in this bull market, it seems that natural gas has emerged, which is Sol, as well as various other new energy sources such as BNB and TRX. Ethereum may have chosen the wrong path before and used a lot of resources to approach the value storage attribute of Bitcoin, resulting in the original smart contract platform or global computer attributes being stolen by others. This is also why Ethereum's performance has been sluggish in the past year, ETH/BTC has been continuously hitting new lows recently, while sol/BTC has indeed been strengthening. Recently, the knockoff market has been sluggish, and CEX has basically lost liquidity, and continues to hit new historical lows. The OM, IP, ACT, and other companies that have been strengthening against the trend have also been poured in. On the chain, previously, BNB, TRX, Sui, and others wanted to compete for this market, but it was all a wave of flow. After the founder's performance, they all died, and Binance improved a bit and finally managed to get a few spot stocks, but the ones who really made money were few and mostly trapped. The most persistent one is still SOL. In recent days, golden dogs have started to emerge one after another, RFC has led a group of intellectually challenged concepts. Yesterday, there was also drawify, a new feature of Grok that allows drawing avatars, and fur also has a plush effect. Both of these have strong dissemination effects, with the highest reaching over 50000. Dark has been steadily moving forward, with a bit of a blue chip momentum. Now with a market value of 20m, this is the concept of AI agents in the TEE trusted execution environment. In addition, Alch has also been taking off all the way. This is a zero code platform and also an AI sector. In short, the wealth effect is still focused on the Sol chain. After several ups and downs, we have found that Sol is now the absolute mainstream, and ETH is already a yellow flower of yesterday. It may become Sol in the next few years. Oil is more accurate.