Since Trump took office, some of my friends with a better foundation in technical analysis have been losing money almost every month.
"Technical analysis" still has a certain reference value,
but you absolutely cannot guess what Trump wants to do next, which is why it has been fluctuating up and down all the time; this round of the bull market can be said to be the most difficult in history.
This is also why I believe in technical analysis, but I will not place it in the most optimal reference position.
Previously, I saw a professor teaching business advising everyone to quickly sell stocks and risky assets after the big drop on April 7, which is reasonable and correct from a knowledge perspective.
But in this round of the market, we must take Trump into account.
Especially since he is also a cryptocurrency enthusiast,
listing Bitcoin, Ethereum, SOL, ADA, and XRP as part of the U.S. strategic reserve.
One can tell that this round definitely cannot end in April,
the next few months will be very exciting,
just like the article I shared in April:
constantly raising→ crashing→ bottom fishing→ releasing good news→ raising→ crashing.
Imagine,
how a typical Ponzi scheme and capital game works,
how to make money while also saving face, that's probably how Trump will approach it.
So this round is a cycle that punishes diamond hands,
instead, players who are good at quick trades can reap the rewards from emotional fluctuations.
In this round, the only ones who can be diamond hands are:
Cryptocurrency: Bitcoin
U.S. Stocks: SP500
Taiwan Stocks: 0050
And that's it.
But overall, the opportunities in the cryptocurrency market are still much greater than in the stock market.