QCP 指出，特朗普宣布对欧盟商品加征 50% 关税但延后至 7 月 9 日实施，市场短暂波动后恢复稳定。BTC 周末回调至 106,000 美元后反弹至 110,000 美元，受益于现货 ETF 尤其是 BlackRock IBIT 连续 30 天净流入的支撑。BTC 期权 6-7 月波动率价差收窄，反映市场警惕政策变化。本周关注美国 PCE 数据，或将影响通胀预期与美联储政策走向。

<div>QCP 指出，特朗普宣布对欧盟商品加征 50% 关税但延后至 7 月 9 日实施，市场短暂波动后恢复稳定。BTC 周末回调至 106,000 美元后反弹至 110,000 美元，受益于现货 ETF 尤其是 BlackRock IBIT 连续 30 天净流入的支撑。BTC 期权 6-7 月波动率价差收窄，反映市场警惕政策变化。本周关注美国 PCE 数据，或将影响通胀预期与美联储政策走向。<br><br></div>

QCP：特朗普推迟对欧盟关税实施，BTC 回升至 11 万美元，关注本周 PCE 数据

QCP points out that Trump announced a 50% tariff on EU goods but postponed implementation to July 9th, with the market stabilizing after a brief fluctuation. BTC rebounded to $110,000 after a weekend pullback to $106,000, supported by continuous 30-day net inflows of spot ETFs, especially BlackRock IBIT. BTC options volatility spread for June-July has narrowed, reflecting market caution about policy changes. This week will focus on US PCE data, which may influence inflation expectations and the Federal Reserve's policy direction.

<div>QCP points out that Trump announced a 50% tariff on EU goods but postponed implementation to July 9th, with the market stabilizing after a brief fluctuation. BTC rebounded to $110,000 after a weekend pullback to $106,000, supported by continuous 30-day net inflows of spot ETFs, especially BlackRock IBIT. BTC options volatility spread for June-July has narrowed, reflecting market caution about policy changes. This week will focus on US PCE data, which may influence inflation expectations and the Federal Reserve's policy direction.<br><br></div>

QCP: Trump postpones the implementation of tariffs on the EU, BTC rebounds to $110,000, pay attention to this week's PCE data

On May 24, the US President Trump publicly stated that he will no longer seek a new trade agreement with the EU and plans to impose tariffs up to 50% on EU goods exported to the US, unless companies move their manufacturing bases to the United States. At the same time, Apple, Samsung, and others will face a 25% heavy tax, expected to be implemented by the end of June, to fully promote the "manufacturing return to the US" strategy. On the EU side, while expressing willingness to cooperate and maintain dialogue, they strongly emphasized that they cannot accept unilateral threats. Japan hopes to reach a consensus with the US before the G7 summit to avoid being included in the tariff penalty list.

Bitunix analysts suggest: This statement marks the US foreign trade policy becoming more protectionist and unilaterally suppressive, which may trigger drastic changes in global manufacturing and trade patterns, and will also intensify financial market volatility and the reallocation of hedging funds. Investors should avoid heavy positions in high-volatility Altcoins, and be more cautious as uncertainty returns to the market. In the coming week, it is recommended to closely observe further policy changes in the US and the responses from the EU and Japan as a basis for direction.

Bitunix analyst: Trump expands global manufacturing tariff threats, crypto markets generally pull back, still maintains long structure

<Odaily> Planet Daily News: Institutional analysis points out that the market expects the month-on-month core PCE price index for the United States in April to rise by 0.1%, while March remained flat. Economists generally believe that although President Trump's tariffs will have a mild impact on April's price data, the impact of trade policies is expected to become more apparent as early as next month. Given that the current job market shows no obvious signs of deterioration, Federal Reserve officials tend to maintain interest rates unchanged until the impact of trade policy adjustments is fully reflected in economic data. (Jintian)

Institutional analysis: Trump's tariff policy is expected to have a mild impact on US PCE in April

The "Stablecoin Bill" is the second-largest industry benefit to date, second only to the BTC Spot ETF approval.

The "stock, bond and currency" triple kill reappears, BTC has risen for 7 consecutive weeks to hit a record high, and the adjustment may end at any time (05.19~05.25)