Recently, a piece of news regarding the U.S. tariff policy has once again drawn global market attention. The new tariff plan originally scheduled to be implemented on August 1 has been postponed to August 7, a decision made by the highest decision-making body in the United States. This sudden policy shift is not the first time, yet it always plunges the market into uncertainty.

Market analysts point out that this erratic policy adjustment is more unsettling for investors than simply raising interest rates or other clear policies. The official explanation for this delay is that U.S. customs is not yet prepared, while new trade agreements are still under negotiation. However, industry insiders generally believe this is more of a strategy to test market reactions.

Although the trade tensions have eased in the short term, in the long run, the new tariffs still hang over various countries like the "Sword of Damocles." For countries like Mexico, Japan, and South Korea, which have already reached agreements with the United States, the pressure has temporarily eased. However, many other countries still face potential new tariffs of up to 40%, which will undoubtedly force multinational companies to reassess their global supply chain strategies.

This erratic policy adjustment is referred to by the market as the "Trump Effect": first, strong statements suppressing the market, followed by delaying execution to alleviate panic. This approach has led to a short-term rebound in the Nasdaq Index, while volatility in the commodity futures market has intensified. However, medium-term market uncertainty continues to rise.

It is worth noting that whenever trade tensions escalate, assets such as U.S. Treasuries, gold, and Bitcoin often become safe-haven tools for investors. Although policy delays may temporarily suppress market risk aversion, the overall trend of funds seeking "defensive allocation" has not changed.

Currently, the Bitcoin market is showing a weak oscillating trend, with daily level rebounds facing resistance and lacking strong volume support. It seems that the main funds are waiting for clearer market signals. In this situation, investors should remain cautious, suitable for light-position exploratory trades, and should avoid excessive leverage or heavy-position operations.

Overall, the volatility of tariff policies directly affects the movement of the US dollar and the allocation of global liquidity. When the US dollar strengthens, Bitcoin often faces downward pressure; conversely, when funds flow into the cryptocurrency market due to risk aversion, it usually indicates a potential reversal of the downtrend. In the current uncertain market environment, investors need to remain vigilant and closely monitor policy directions and market reactions.