This morning, before I even finished my coffee, the White House suddenly dropped a crypto tax bombshell, my hand trembled and I almost dropped my cup. The Trump administration is playing for real this time, directly targeting overseas crypto asset tax checks, and even wants to connect global information. As soon as the news broke, the DOGE price chart plunged like a roller coaster, but guess what? The MACD quietly crossed above the zero line. With this move, retail investors are likely being led by the whales and have no idea what's happening.

Is this really the bottom, or just another trap to lure buyers? After years of experience, today I'll break it down for you in the simplest terms.

So what's the news in summary? Is this tax reform a trap or an opportunity? Spoiler: in the long run, it's a shackle; in the short term, it might just be a chance to pick up cheap coins. The US joining the CARF framework this time is no joke—by 2027, global crypto asset information will be fully transparent. Want to evade taxes with foreign accounts? That's basically handing yourself over.

Looking 3-5 years ahead, this tax policy will gradually erode many people's desire to trade. If you have to give most of your profits to the IRS, who would want to bother? Market liquidity will most likely take a hit.

But the next few months could be interesting. If there's one thing the crypto world never lacks, it's panic. As soon as bad news hits, retail investors rush to dump, playing right into the whales' hands—opportunities to buy at low prices keep popping up. More importantly, the Trump team has also made it clear: "no DeFi tax," which...