🔥June 7th Market Analysis!
Brothers, good morning. This week's market is still quite dramatic, with both the 'King' and Musk causing significant turmoil leading to large fluctuations. The current market is still influenced by the 'King's' tariff policies and negotiation progress:
Originally, the call between Zhong and Mei boosted market sentiment, but the public split between the 'King' and Musk, along with the collapse of Russia-Ukraine negotiations 💥 triggered huge volatility.
Accompanied by a harsh macro environment, policy measures have been adopted and promoted:
①: Support for the crypto space with Lee Jae-myung elected as president
②: The federal government of the United States and various states are promoting BTC as a strategic reserve
In the long term, the surge in US debt undermines the dollar's credibility, and countries may accelerate the reduction of US debt, promoting the de-dollarization process【Positive for BTC as a new type of reserve asset at low levels!】
Today’s focus sectors: $SUI ecosystem【The SUI ecosystem is highly likely to rebound significantly soon, the entire ecosystem can be a key focus!】
