Trump's solid green candle instantly hit my short stop!\nIt seems that in the short term it is a combination of risk premium unwinding + short covering + sentiment repair.\n\nThe short-term recovery continues, which doesn't surprise me. But whether the mid-term can form a trend depends on whether the news in five days has any substantial realization.\n\nIf there are more fluctuations later, then today's rebound is essentially just a smokescreen in a high-volatility environment.\n\nIf the subsequent easing continues to be realized,\nthen high-elasticity assets like BTC will still be the first direction for capital to flow back in.\n\nSo let's not rush to see a reversal yet, after all, the time condition is not yet met.\n\nFor the medium to long term, we need to see if the market can turn sentiment into structure, and then turn structure into trend.\n\n————————————————\n\nTrump just printed a solid green candle and instantly hit my short stop.\n\nFor now, this looks like a mix of risk premium unwinding, short covering, and sentiment repair.\n\nI would not be surprised if the short-term rebound continues. But whether this can turn into a real mid-term trend still depends on whether there is any meaningful follow-through after the five-day window.\n\nIf the situation turns volatile again, then today’s rally is basically just another head fake in a high-volatility market.\n\nIf the de-escalation continues to be confirmed, then high-beta assets like BTC will likely be among the first places where capital flows back in.\n\nSo I would not rush to call this a reversal yet. The time condition is still not there.\n\nFor the medium to longer term, the key is whether the market can turn sentiment into structure, and then turn structure into trend.