Bears rub their heads.
Bulls are secretly laying out.
The Sun family has 100 million bullets ready!
News aspect: favorable news is lurking, but risks have not disappeared.
The ambition to go public ignites a powder keg.
Sun Yuchen's father, Sun Weike, invested $100 million in TRX to control the Nasdaq-listed company SRM, renamed it Tron Inc, and plans to follow MicroStrategy to use TRX as a strategic reserve asset. If this succeeds, it would effectively label TRX with institutional certification, with great long-term fundraising potential.
Half of Trump's card played.
The transaction is handled by Trump family-affiliated investment bank Dominari. Eric Trump publicly distanced himself but calls Sun Yuchen a crypto icon. Political cards can ride the heat, but policy dividends (like the stablecoin bill) remain a suspense before the vote lands.
Technical aspect: Bears are crushing, but there are hidden chances for a rebound.
Current situation:
Price glued to the lower Bollinger band, the track opens downwards, and the downward trend accelerates.
MACD death cross, green bars extended, bearish energy is full.
Volume marks explosive positions, panic selling floods out, support is weak.
A glimmer of hope:
7 years of compressed structure neck line at $0.28, a volume breakout could trigger a medium-term rebound.
Key support 0.265-0.268, if maintained, may form a double bottom.
Operation summary: Squatting is safer than charging.
Spot party: a sharp drop to 0.265 can try small positions, stop loss if it breaks 0.260.
Break 0.275 and hold steady, add positions on the right side.
Contract party: current price 0.2685, shorting cost performance is low, rebound to 0.272-0.275 to short again, stop loss above 0.28.
Bulls wait for MACD green bars to shorten + price to recover the Bollinger middle track.
Everyone is watching: SEC's attitude towards listing compliance, Trump's policy direction, whether Sun Yuchen will bring goods.
