Military Advisor's Market Analysis: (Issue 225) A new round of bottoming out, is the market rebounding or reversing?
Last week, there was a panic sell-off, and on Thursday during the Federal Reserve's interest rate meeting, Trump visited Powell in advance, resulting not in a rate cut, but a lower probability of a rate cut in September!
On Friday, Trump made a strong comeback, exposing the false non-farm payroll data and unemployment rate, and the Labor Secretary was directly dismissed by Trump. Federal Reserve Governor Kuegler resigned, and the probability of a rate cut in September rose back to 80%!
This week, Trump will appoint a new Labor Secretary and a new Federal Reserve Governor, who could possibly be the next Federal Reserve Chair. Trump is now fully unleashing his firepower; he is a strong supporter of rate cuts!
Will this dictatorial approach eventually collapse? Time will tell!
In the early stages of implementation, the market is bound to be prosperous; we will only know what issues arise later!
This is definitely a huge benefit for the crypto market; Trump made his fortune through crypto!
I think it is too early to see the market as bearish now; the economic crisis is still a long way off, possibly until 2026!
In the six months since Trump took office, I believe he has been an incredibly impressive president!
Let's take a look at the market:
Check the liquidation chart: the bears have had a good time for a while, and now there are some people viewing the bear market. The liquidity for bears above 120,000 is still very sufficient, much more than the accumulation of bulls below, which aligns with the goal of upward liquidation!
Bitcoin's K-line: The price has already tested the support of the upward trend line at 112,000!
This position definitely cannot fall further; if it falls below this upward trend, it will break down, symbolizing an end! If it holds here and goes up, it won't come down anymore, and if it does come down later, it will signify the end of a bull market!
Bitcoin ETF had the largest single-day sell-off last Friday with 7,000 bitcoins, worth 800 million USD! This is also a historical level of sell-off for ETFs. The specific reason I mentioned at the beginning; Trump and Powell had a showdown, and this historical level of panic has ended, marking a new beginning!
Summary: Recently, I have been urging everyone to buy at the bottom. Simply put, Trump's presidential career hasn't truly started yet; he is still clearing the influence of the former president. When Trump takes decisive action, that will be the time for the market to explode. I believe Trump has the capability for America's resurgence!
Everything in the crypto world has just begun!
