Market Uncertainty Persists Amid Global Tariff Developments

According to Odaily, top trader Eugene Ng Ah Sio shared his insights on the market outlook following the implementation of tariffs. He noted that the current global macroeconomic situation is fraught with uncertainty, with market expectations nearly nullified. The current pricing suggests a non-zero probability that U.S. President Donald Trump might revoke the tariffs, though the likelihood and timing remain indeterminate. Despite the binary nature of the outcome, the process is unpredictable. In the cryptocurrency market, Bitcoin continues to demonstrate remarkable resilience, indicating that some market participants still view it as a potential alternative to gold, though this remains speculative. Other asset classes are experiencing significant turmoil. Small and mid-cap tokens, as reflected in the Total3 index, are languishing in obscurity with dismal performance. There is a need for caution regarding institutional investment targets, as a wave of LP redemptions is anticipated this year. This could lead to the forced selling of popular assets.