4E: On the eve of the tariff announcement, US stocks and the crypto market Rebound, as the market awaits policy clarity.

As the arrival of Trump's "reciprocal tariffs" approaches, market sentiment has undergone repeated tests, ultimately betting that clear trade policies will help stabilize the market. The three major U.S. stock indices experienced sharp fluctuations during the day, closing with mixed results: the Dow Jones fell slightly by 0.03%, the S&P 500 rose by 0.38%, and the Nasdaq increased by 0.87%. Large technology stocks strengthened across the board, with TSL's increase exceeding 3%. The cryptocurrency market is rising in sync, with Bitcoin being driven close to $82,000 due to the early opening lows of tech stocks, and then following the rebound of the U.S. stock market, reaching a high of $85,579. It is currently challenging whether it can stabilize above the $85,000 mark, having risen 2.36% in the last 24 hours. Other mainstream tokens are generally rising, with Ethereum striving to break the $2000 mark. Last night, several meme tokens on the BNB chain experienced a chain collapse, significantly weakening market confidence in meme coins. In the forex market, the US dollar closed flat after fluctuations throughout the day; the oil and gas market overall fell, with crude oil prices slightly retreating; investors chose to take profits ahead of a series of tariffs coming into effect, and spot gold retreated after hitting a record high. The US stock market seems to have stopped falling on the eve of the "reciprocal tariff" deadline, indicating that the market believes Trump will not insist on any tariff policies that would severely hinder economic growth, and is looking forward to clear trade policies that could help stabilize the market. Global attention is focused on tonight's tariff announcement, watching whether it can clarify the policy direction and eliminate uncertainty, as well as whether the intensity of the tariff increase will further worsen the economic outlook.