#市场周期与趋势 Once again, geopolitical risks are emerging, and the crypto market has responded with a decline. Trump ordered actions against Venezuela, and the sound of explosions in Caracas was heard. The crypto market trembled accordingly. This is a classic black swan event—you never know where the next risk point will be.

To be honest, the market sentiment has been quite fragile lately, and even a slight disturbance can trigger panic selling. Escalating geopolitical conflicts have always had a direct impact on risk assets. As a high-risk asset class, the crypto market is naturally the first to be affected.

The key is to watch the subsequent development. If the situation continues to escalate, risk assets may undergo another round of correction. Conversely, if it’s just a temporary event, the market might just experience some volatility and then pass. In any case, the current market conditions require more vigilance—don’t get caught off guard by short-term fluctuations.