Despite the preliminary agreement with China, Britain and Europe, Trump suddenly announced to terminate the country by country trade negotiations and set new tariffs on the world in a unified manner, and will send a notice to many countries within two to three weeks. In contrast, the news of Moody's downgrading the US credit rating to Aa1 is more impactful, marking the first time that the US has been stripped of its AAA rating by all three major rating agencies. From historical experience, rating downgrades usually trigger short-term declines in risk markets, with significant volatility in the US stock market, but BTC is relatively less affected and quickly recovers afterwards. However, considering the increased interconnectivity of ETFs, caution should be exercised. At present, BTC support is still stable, with a dense holding range of $93000 to $98000, and no obvious signs of panic have been observed. Overall, the cryptocurrency market is still in a defensive state, but there is no large-scale selling pressure. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex