Trump's "Divine Operation" Ignites the Cryptocurrency Market! Which Coins Should We Bet on Next?
Last night, Trump suddenly announced a trade agreement between the US and UK, retaining some tariffs but significantly opening the market, while also criticizing the Federal Reserve for its slow actions. This series of moves directly ignited risk assets, causing US stocks to surge.
Bitcoin broke through $100,000, and Ethereum skyrocketed by 20% in a single day! But why did Ethereum suddenly explode? Why did a batch of altcoins take the lead?
The answer lies in the "Short Squeeze!"
Ethereum had previously shown weak performance due to failed upgrade expectations, with a large number of short positions accumulating around $2,000.
As a result, the market turned sharply, and $770 million in short positions were liquidated within 24 hours, becoming the "fuel" for the rally. The shorts are not completely out of the game yet, and Ethereum may aim for an exchange rate of 0.025 (corresponding to $2,500).
What's next for Bitcoin?
$100,000 is just the starting point, but the upside is limited—$110,000 is possible, while $150,000 is hard to see. The real opportunity lies in the oversold altcoins!
Especially those new coins on BN that have been heavily suppressed by shorts; those who shorted recently made a fortune, and now it's the bulls' turn to retaliate. The first batch of rebounding coins is often not the endpoint; finding the mispriced targets is the key!
If the shorts don't give up, will there be another round next week? Which altcoins could become the next targets for "hunting shorts"?
Operational Suggestions:
Bitcoin holders should not chase highs, wait for the $110,000 resistance level.
Ethereum faces short-term resistance around $2,300, consider buying on dips.
Focus on altcoin targets: Oversold + high financing rates + new varieties on BN.
Remember: Bull markets often see sharp declines, while bear markets often see sharp rises. Now is the time for altcoin revenge.
