Yesterday's market truly confirmed the saying 'the market is in Trump's mouth'; since Trump took office, the entire global financial market has been fluctuating wildly based on his words.
Yesterday, Bitcoin fell below 110,000 under Trump's influence, oscillating around 107,000, while altcoins generally dropped by 10%;
ETH can only be said to always pick the softest ones, always thinking this time is different, but in reality, it's still the same, and it has dropped even more fiercely, becoming a large Bitcoin leverage;
For those with doubts -- Public account: Feng Baobao is roasting sweet potatoes
SOL follows the weak, not the strong; whoever is weak gets followed, and there is no independent market trend, making it difficult for on-chain heat recovery;
American Treasury Secretary: The 90-day tariff pause is based on sincere negotiations, Trump believes the quality of the EU proposal is not high;
CZ_binance: Some VCs are spending millions of dollars lobbying against Binance helping the US become the cryptocurrency capital; if this USD1 is like this, how can a few million dollars succeed in opposing it?
An interesting thought is that it's very difficult to make any offensive moves right now; the altcoin season currently looks very tough.
The above content is for industry information sharing only and does not constitute any investment advice.
