Trump Coin's Life and Death Situation Today? $8.5 Becomes the Key, Explosive Rise or Plunge?
1. Policy Aspect: Federal Reserve 'Internal Struggle' + Trump 'Stirring the Pot'
Positive: Federal Reserve senior official Waller supports the crypto industry, stating 'digital assets are nothing to fear', expectations for policy easing are rising.
Negative: Trump pressures Federal Reserve Governor Cook, causing policy uncertainty, U.S. tech stocks plummet, and Bitcoin drops 3% simultaneously. Key data: September rate cut expectations plummeted from 98% to 15%, but Waller's 'dovish' stance may offset some negativity.
2. Technical Aspect: $8.5 'Bull-Bear Divide'
Convergence Point of Downward Channel: $8.5 is the intersection of the trend line and channel line, multiple tests of this level yesterday, trading volume surged, the main force may be 'changing hands' here.
Moving Average Mysteries: MA(5)/MA(10) seems bullish but lacks upward momentum, if it breaks above $8.5, short-term moving averages will turn upwards, forming a 'Golden Cross'.
Support and Resistance: Strong resistance at $8.9 above, solid support at $8.3 below, if it falls below $8.3, the short-term outlook turns bearish.
3. Tege's Opinion: Short-term volatility, long-term 'Trump Market' not over yet!
Short-term view on policy: The 'palace struggle' between Trump and the Federal Reserve will continue, but Waller's 'crypto-friendly' attitude may offset some negativity.
Advice: Buy low in the $8.3-$8.5 range, stop loss if it falls below $8.3!
Long-term narrative: As a 'political concept coin', with the 2024 elections approaching, its heat may replicate the 'Trump Trade' logic. Additionally, institutions like BlackRock are continuously increasing their Bitcoin positions, the foundation for a crypto bull market remains unchanged!
Risk Points: Beware of AI phishing attacks and sudden tightening of regulations.
4. Tege's Operational Suggestions
Aggressive: Lightly test long positions near the current price of $8.5, set stop loss at $8.3, target at $8.9!
Conservative: Wait for a breakthrough above $8.5, then enter on a confirmed pullback, or wait for a drop to $8 to buy the dip.
Zen Players: Regular investment! Buy fixed amounts weekly, regardless of ups and downs, look at the results in three years!
Final Sentence: The crypto world has never been 'black or white', policy + technology + sentiment, a triple resonance is needed to capture major trends! Today, in the Trump Coin drama, are you on the bull or bear side? See you in the comments!
Tege's scythe is faster than the doge's! Follow me, and I'll teach you how to avoid getting reaped by the market! #TRUMP #杰克逊霍尔会议
