BlockBeats News, March 27th, QCP released its daily market observation, stating, "Trump has escalated tensions by announcing a 25% tariff on car imports, set to take effect from April 3rd, and concurrently implementing long-anticipated retaliatory tariffs on the United States' largest trading partners. Any further retaliation from these target economies could inject new uncertainty into the already volatile global trade environment. It is foreseeable that the stock markets in Japan and South Korea have generally declined, with automobile stocks being the hardest hit in this downturn."

"In the crypto market, despite some notable catalytic factors, sentiment remains subdued. GameStop unexpectedly announced plans to raise $1.3 billion for Bitcoin allocation, but this did not boost overall market sentiment. The only bright spot is the continued inflow of funds into Bitcoin ETFs, totaling $9.449 billion since March 14th. In contrast, Ethereum ETFs saw an outflow of $1.121 billion during the same period. This phenomenon demonstrates a divergence in institutional confidence in the market. On-chain developments bring a ray of hope for ETH."

"Looking ahead to tomorrow's options expiration, BTC options with a notional value of $12.2 billion will expire at a maximum pain point of $85,000. BTC has already begun to slide from Monday's high, and the front-end volatility for BTC and ETH has dropped by 10 volatility points. Spot trading remains flat, and open interest contracts continue to decline, indicating a lack of optimism in the market recently. With the PCE index data set to be released tomorrow, we believe that the short-term upside remains limited as the market awaits Trump's next move in this escalating trade war."