#中美贸易战新进展 On Black Friday, whether it's A-shares, Hong Kong stocks, US stocks, or encryption, all have been impacted by multiple Unfavourable Information.

External macro environment:
1. Trump claims that China and the United States are already in a trade war, and the trade friction has not yet materialized.
2, two American banks are facing a credit crisis
3, the Deputy Governor of Japan confirmed that they will prepare to raise interest rates.
4. The French government is investigating the sharp decline in market liquidity of multiple encryption exchanges, with strong risk aversion sentiments. BTC and ETH continue to fall, while altcoins drop by 15 points. Encryption is forever facing a bloodbath.
5. From the market perspective, it is determined to test down twice, and there is no need to panic as the market has collapsed all of a sudden.

Looking at the recent three key time nodes: October 30th interest rate meeting, October 31st APEC, and November 1st tariff negotiation node, the next several days are likely to be in a volatile market, with more drops followed by rebounds, and more rises followed by declines, with a slight strength of short forces. If you're afraid, it's best not to play; stay in cash for certainty. If you can endure, pick up physical chips on dips.

Most of the market is currently bearish, and anyone who dares to mention any bullish information will be attacked by a group of people. Despair, complete despair. The pain of the crash on October 11 is still spreading, and a large number of retail investors have started to avoid playing contracts, shy away from altcoins, and even fear being bullish. Perhaps this is exactly the result that Wall Street wants, laying the groundwork for an unexpected market scenario in the future.

Despair often ends with a surge, and someone always has to foot the bill for the carnival background.
No matter how big the bull market is, you must survive; even in the biggest bull market, not everyone can come back with a full load.
Recently, a key reminder again: Don't touch leverage, don't touch leverage, don't touch leverage.