#美国贸易赤字状况 **The Digital Asset Game Under Tariff Era: How Liquidity Tightening Reshapes the Crypto Market**

The policy adjustment in early 2026 brought a single figure to the forefront—trade deficit shrank from 1360 billion to 300 billion. It sounds like a political promise, but in reality, it masks a major contraction in global dollar liquidity.

When the US forcibly narrows the trade gap through tariffs, dollars circulating worldwide will significantly flow back. For crypto assets that are highly dependent on dollar liquidity—especially large positions in BTC, ETH—this is akin to an invisible quantitative tightening. The recent market unease? Investors have actually sensed that the cost of capital is about to rise.

The performance difference between Bitcoin and gold during this shock is quite interesting. Yes, BTC experienced a 10% correction, but that doesn’t mean it lost its safe-haven halo. The real situation is that high-leverage players were forced to liquidate. From a long-term perspective, the escalation of trade tensions has prompted some multinational capital to start using crypto channels to evade regulations, and this demand will gradually support BTC’s mid-term bottom.

A piece of advice for traders: stop guessing what a leader’s next move means. How the market reacts at key moments like the January 7 policy implementation is what matters. If bad news doesn’t cause a dip, that’s a true bottom signal. As for those pursuing daily 20% gains? The smartest move now is to hold onto cash, waiting for a liquidity-driven irrational crash, then consider short-term bottom fishing.