Last time, the Federal Reserve's decision not to cut interest rates resulted in high bearish sentiment in the market, leading to a capital surge. Trump's statement about the strong economy encouraged people to buy stocks, which only accelerated the capital rise, aiming to squeeze the shorts.
This time, Trump is again saying the stock market is going to soar. Firstly, the favorable developments in the China-US tariff negotiations led to a pump from 105800 points down to 100700. Heavy positions in long contracts were basically liquidated. So, those with light positions are still trapped. There are currently no enticing short messages, and Trump's statements leading to a BTC rise are impossible.
If capital wants to stir things up, it will only do so through various so-called "influencers" and major apps to escalate the hype around Trump's statements about the stock market soaring. This is definitely a trap to entice buying, aiming to continue the sell-off.
Therefore, without the shorts as fuel this time, the rise has no significance. I still favor a range of oscillation between 100,000 and 104,500. If the long positions become too dominant, another sell-off is also possible.
