Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
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This chaos leads to two things:

1) China printing money (QE)
In March 2025, China parliament discussed plans to begin QE within this year, aiming to print $1 trillion this year. If the situation keeps getting worse, China will have to speed up its QE plans.
2) U.S. would have to cut rates quickly or start QE.
This was the time when China held an emergency meeting in the parliament last month.
China wonโ€™t bow down to the U.S ๐Ÿ‡บ๐Ÿ‡ธ and Trump continues hiking tariffs against China ๐Ÿ‡จ๐Ÿ‡ณ
Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
https://x.com/gaurav15706/status/1909930784602849589
Some people are confused, this is not an emergency meeting. Itโ€™s FOMC minutes meeting, where we get more context on their policy decisions and how they view the current economic situation.
After 7 years, ETH is once again trading around its 2017 top peak.
U.S. economic data will be released this evening!