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自從 2025 年特朗普開啟第二任期 之後,被擾亂的並不是某一個市場,而是那些原本被默認成立的秩序。
當初不少人對他寄予過期待,希望他帶來更明確的方向和更強的執行力,但現實卻是,關稅和政策頻繁翻轉,全球貿易的確定性被削弱;對歐盟、北約、格陵蘭的強硬姿態,也讓盟友體系變得不再穩固。資本開始更多為不確定性而不是增長定價,美股波動加大,黃金走強,BTC 在風險資產與避險資產之間反覆切換。長期規劃逐漸失效,市場轉向短周期博弈和事件驅動,加密市場也不再是“全面牛市”的敘事,而是流動性高度集中,多數代幣被邊緣化。
當一個人被寄予厚望,卻不斷打破原有規則本身時,質疑和對立自然會慢慢累積,站在他對立面的人,也越來越多