$BTC
Brothers, the negative news that erupted within two hours has arrived. I strongly recommend staying in cash and observing!
1. Trump just posted that imposing an 80% tariff on us Chinese is reasonable, and hinted at the upcoming negotiations with China involving U.S. Treasury Secretary Mnuchin. Who can stand this kind of play? The cryptocurrency surge that started yesterday was due to the U.S. reconciling with its ally, the UK, and both parties reached an ideal agreement on tariffs. Now they want to turn against each other again? And it’s two superpowers?
2. The only Ethereum whale I found across the internet specifically posted its updates on April 10. It not only didn’t take profits at the low point at that time but has continued to hold positions until now, losing 50 million dollars in just a month! It has yet to close its positions; is it still going to press down on the trend?
3. I strongly advise everyone to stay in cash and observe, because based on my understanding of the whales, we are currently in a rapidly rising market. Although the bulls are strong, I observed three huge sell-offs in the afternoon as a signal that the whales' long positions are starting to exit. Therefore, if the Sino-U.S. negotiations end in a shouting match, the market sentiment could bring the price down directly.
4. Brothers, heed my advice: get a good night's sleep. Currently, there’s no good outcome from FOMOing in.
