🚨 Don't FOMO too much! Although Trump just signed an executive order allowing 401(k) retirement accounts to invest in cryptocurrency, that doesn't mean "America's retirement funds will go ALL IN on Bitcoin tomorrow"!

I am posting in advance. My view is that #BTC and #ETH both have clear signals of distribution at the top on the 1D chart. When such signals appear, there is generally a second surge, which is very likely to be a new high. BTC may spike to 130000-140000, and ETH may spike to 4100-4200. This wave of surging will wipe out all the shorts, and retail investors will collectively FOMO into chasing highs and get trapped. So at this position, be brave and short in.

Of course, we need to pay attention to the risks. The Federal Reserve is very likely to cut interest rates at the end of September, so this price cycle is just these two months. It is very likely that a second surge will be completed in early August, and then there will be a distribution drop all the way down. We will have to wait until the Federal Reserve's interest rate cut is finalized for new funds to enter and push up the market.