币姥爷
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April 23, 2025
Trump backs down, everyone is happy. Trump stated that he will no longer pressure Federal Reserve Chairman Powell to resign, and he believes that the previous 145% tariff imposed on China was too high and will be significantly reduced moving forward. The tariff stick is a weapon Trump uses to threaten other countries, and it also aims to lower interest rates. After minimal effect from both, Trump has started to soften his tone. Although he is a volatile president and this state may not be the norm, the market is still showing very strong performance.
Affected by the news, after Bitcoin successfully surpassed 90,000 yesterday, the overall market performance was very strong. Ethereum's rebound has been quite good, reaching 1,800 USD, and SOL has also risen to 150 USD, with a rebound exceeding 50% from the relative low. It is also worth mentioning that some altcoins have started to act up; I checked a few new coins I bought, like ZEREBERO which has nearly doubled, and there are others that I won't list one by one. I can only say that when the market was very panicked a few weeks ago, the main players accumulated enough chips at low positions, and now they are active when the market is good.
Those who followed me with a heavy or even full position should have gone through a period of torment, but seeing today's market, their mood should be exceptionally good. To put it in a cliché and simple way, it’s a rainbow after the rain, exceptionally beautiful. Of course, whether this wave of market constitutes a direct reversal, I still hold a conservative view. Therefore, in terms of operations, I will stick to the planned strategy and sell 10-20% of my position first, especially those with decent profits.
However, I believe that the significance of focusing on whether it’s a rebound or a reversal is not particularly great right now, because even if it’s a rebound, the overall price level is still at a low position. Whether to act in this wave depends on one’s position and mindset. Moreover, for Ethereum, I have not yet recouped my investment; my target price for bottom-fishing Ethereum is 10,000 USD during a bull market, and I might sell some around 4,000-5,000, but I will definitely not sell now. The upcoming market may not rise directly in one go; it’s more likely to move 2-3 steps forward and then retreat 1 step, but the low point of 408 is almost the lowest point of this round.
Thank you for your attention and likes.
Trump backs down, everyone is happy. Trump stated that he will no longer pressure Federal Reserve Chairman Powell to resign, and he believes that the previous 145% tariff imposed on China was too high and will be significantly reduced moving forward. The tariff stick is a weapon Trump uses to threaten other countries, and it also aims to lower interest rates. After minimal effect from both, Trump has started to soften his tone. Although he is a volatile president and this state may not be the norm, the market is still showing very strong performance.
Affected by the news, after Bitcoin successfully surpassed 90,000 yesterday, the overall market performance was very strong. Ethereum's rebound has been quite good, reaching 1,800 USD, and SOL has also risen to 150 USD, with a rebound exceeding 50% from the relative low. It is also worth mentioning that some altcoins have started to act up; I checked a few new coins I bought, like ZEREBERO which has nearly doubled, and there are others that I won't list one by one. I can only say that when the market was very panicked a few weeks ago, the main players accumulated enough chips at low positions, and now they are active when the market is good.
Those who followed me with a heavy or even full position should have gone through a period of torment, but seeing today's market, their mood should be exceptionally good. To put it in a cliché and simple way, it’s a rainbow after the rain, exceptionally beautiful. Of course, whether this wave of market constitutes a direct reversal, I still hold a conservative view. Therefore, in terms of operations, I will stick to the planned strategy and sell 10-20% of my position first, especially those with decent profits.
However, I believe that the significance of focusing on whether it’s a rebound or a reversal is not particularly great right now, because even if it’s a rebound, the overall price level is still at a low position. Whether to act in this wave depends on one’s position and mindset. Moreover, for Ethereum, I have not yet recouped my investment; my target price for bottom-fishing Ethereum is 10,000 USD during a bull market, and I might sell some around 4,000-5,000, but I will definitely not sell now. The upcoming market may not rise directly in one go; it’s more likely to move 2-3 steps forward and then retreat 1 step, but the low point of 408 is almost the lowest point of this round.
Thank you for your attention and likes.
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