This pair, once high-profile in showing affection, recently staged an impressive 'breakup drama'. As netizens pointed out: The friendship between two narcissists indeed cannot withstand the test.

[Once Sweet Times]

• During the 2024 election, Musk spent $260 million to support Trump

• After Trump's election, he reciprocated by appointing Musk as the 'Minister of Government Efficiency'

• The two publicly interacted closely multiple times, humorously referred to as 'good brothers tied by the same tie'

[Timeline of Conflicts Erupting]

March: Trump refused to disclose battle plans against China to Musk, planting a seed of resentment

May:

- Musk's Starlink system was rejected by the government

- Trump vetoes Musk ally's nomination for NASA head

June:

- 1st: Musk complains he has become the 'scapegoat'

- 3rd: Criticizes Trump's $2.4 trillion bill as 'absurd and disgusting'

- 5th: Trump retorts to cancel all government contracts with Tesla

- 6th: Musk exposes 'Trump's involvement in the Epstein case' bombshell

[Live Coverage of the Escalating Feud]

Musk's Side:

• Fired off 15 tweets blasting the bill 'Bankruptcy for America'

• Hints at forming a new party to oppose Trump

• Explosive sexual scandal news emerged, retweeting 'Impeach Trump' posts

Trump's Side:

• Mocks 'Musk is just thinking about electric vehicle subsidies'

• Threatens to cancel SpaceX government contracts

• Coldly handling scandal allegations, continuing to promote policies

[The Real Reasons Behind]

1. Conflicts of Interest: New Energy Subsidies vs Military Spending

2. Power Struggle: Tech giants want to be 'kingmakers' but are sidelined

3. Personality Clash: Two super narcissists who refuse to back down

[Subsequent Impact]

• Tesla's stock price plummeted 14% in a single day

• Major adjustments to White House technology policy

• Risks of division within the Republican Party increase

This 'Century Mutual Tear' proves: In Washington, there are no permanent friends, only permanent interests. Just like a netizen's comment: 'Their breakup is more exciting than my love life!' Now everyone is watching: Will Musk really establish a new party? How much more 'dirt' does Trump have? This drama is clearly not over.

Potential Impact on the Crypto Market

✅ Short-term Negative Factors

  • Market sentiment is hit: The two influential figures tearing each other apart may trigger risk-averse sentiment, leading to a temporary outflow of funds from high-risk assets (such as MEME coins).

  • Policy uncertainty: If Trump retaliates against Musk's companies (like X Payments, Starlink), it could indirectly affect the crypto industry.

  • Tesla selling BTC? If Trump puts pressure, Tesla may be forced to reduce its Bitcoin holdings (currently holding about 9,720 BTC, worth about $600 million).

✅ Potential Positive Factors

  • Musk may rely more on the crypto community: If isolated by the traditional political and business circles, he might turn to the crypto space for support, such as:

    • Promoting the integration of crypto payments on the X platform (favorable for DOGE, BTC)

    • Increasing SpaceX's Bitcoin holdings (similar to Tesla)

  • Trump may accelerate 'crypto-friendly' policies: To counter Musk, he may actively court crypto voters, such as:

    • Speeding up the approval of Bitcoin ETF options

    • Promoting the 'America First' mining policy (favorable for mining stocks like MARA, RIOT)

BTC

Liquidity below 102,000 is being plundered as expected! And the previous low of 100,718 has also been plundered! If 100,700 can hold, we should see a rebound after the plundering, targeting 103,000-103,900! Then we can buy more! If 100,700 breaks down directly, we will wait for buying opportunities in the daily range of 96,900-93,400!

ETH

2650 breakout judged as a false breakout for three reasons: strength, timing, and linkage!

1. Strength: Broke through at H1 top divergence, failed to break the divergence!

2. Timing: Broke through and then fell back, the 2B rule!

3. Linkage: Bitcoin failed to break through linked levels, looking good but only for 3 hours!

Therefore, the short position established before the daily report in the 2630-2650 range successfully achieved the expected target of 2398-2348 demand zone! The initial rebound target for this area is 2510-2540! Then we will look for a second dip! If the rebound does not take off, we will wait for buying opportunities after the plundering in the 2323-2274 range!

SOL

Before the daily report, we reached 145-147 as expected! This area has already responded! Current support is at 144-141, with the rebound target initially looking at 153-154!

The information and data involved in the content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice, and investing based on it is at your own risk!