Trump and Sun Yuchen team up to harvest money? Don’t be a big fool!

Recently, the cryptocurrency world has been quite lively, with pitfalls everywhere. Everyone should be cautious and not rush in foolishly; let me explain.

Trump launched a "Trump Coin," claiming that the first 220 buyers could attend a dinner, and the top 25 could visit the White House. The coin's price skyrocketed, with a transaction volume of $3.8 billion. However, Trump retained 80% of the tokens, and the top 10 holders control 82%. In June, there are still 80 million coins to be unlocked, which is definitely a ticking time bomb; regular investors entering will lose all their capital.

Sun Yuchen live-streamed and called that ETH could reach $5000 by the end of the year; after his call, it rose 26%, with shorts losing $120 million. However, ETH has an annual inflation rate of 0.8%, and its performance cannot match new coins. Above $2000, there are all institutional short positions, and a crash could happen anytime.

After the Bitcoin halving, it rose 8%, but there are tens of thousands of short positions stacked at $95,000. The $90,000 mark is a lifeline; market sentiment is extreme, and a sudden surge or crash could occur in an instant.

Additionally, the USDC/USDT exchange rate is also crucial; a discount is when retail investors enter, while a premium indicates institutions are bottom-fishing. Don’t just look at the price.

Here are a few tips to avoid pitfalls: Don’t chase hot coins; the unlocking of “Trump Coin,” ETH resistance, and Bitcoin gap filling are all very dangerous; set stop-loss orders and run quickly if critical levels are breached; listen less to stories and look more at data; protecting your capital is the most important.

Right now, it's clear that harvesting is happening in the crypto world; not being greedy can help you avoid being taken advantage of. However, meme coins in the primary market might have a chance for a comeback, like Trump’s Dogecoin Conan, which is said to be comparable to DOGE and SHIB. It could be worth a strategic investment; perhaps it will bounce back in the second half of the year. But investing always carries risks, so be careful, and don’t blindly follow the trend! 进来聊聊天 币安王牌KOL交流群，点击加入！ #特朗普就职百日 #SEC推迟多个现货ETF审批 $BTC $ETH