Of course, the political system in the United States will not allow a vacuum in presidential power. Historically, there have been 8 U.S. presidents who suddenly passed away, 4 of whom died of illness, and they were all succeeded directly by the sitting vice president. The current vice president, Vance, is also a crypto enthusiast, and his fondness for cryptocurrencies is even more genuine, though he is certainly not as bold as Trump. Trump's health issues may somewhat affect investor sentiment, but overall, it should not cause fundamental harm. Regardless, I still hope Trump stays healthy.
Of course, the political system in the United States will not allow a vacuum in presidential power. Historically, there have been 8 U.S. presidents who suddenly passed away, 4 of whom died of illness, and they were all succeeded directly by the sitting vice president. The current vice president, Vance, is also a crypto enthusiast, and his fondness for cryptocurrencies is even more genuine, though he is certainly not as bold as Trump. Trump's health issues may somewhat affect investor sentiment, but overall, it should not cause fundamental harm. Regardless, I still hope Trump stays healthy.
Another major event is the military parade this morning. Without mentioning anything else, just the showcased weapons are truly shocking. I don’t have much research on weapons; most of the time, I just think they are good, but seeing the last two nuclear missile formations was indeed very impressive. During the first military parade in 1949, our country only had 2 planes, and they had to fly twice just to barely hold up the parade ceremony. Today, planes have become the most basic military equipment, with various major powers' heavy weapons dazzling our eyes. The history of humanity is a fragmented history of wars. A country must have strong military strength to defend its homeland when faced with external threats. Therefore, seeing our motherland with such powerful strength is something to be proud of.
Finally, let’s briefly talk about the market. Currently, the bearish momentum is still strong, especially with Ethereum continuously operating in the support range of 4200-4300, compounded by the weakening purchasing power of the two Ethereum micro-strategies, BNMR and SBET. This position is a bit dangerous. However, the good news is that Bitcoin has shown signs of stabilization, and since this support level has been fluctuating for a long time, a rebound will be vigorous once it holds. I estimate that this time is not far off. Currently, the number of Ethereum waiting to be staked and unstaked is almost balanced. Although this is not a direct confrontation between purchasing power and selling pressure, in a sense, this unprecedented turnover is still proceeding in an orderly manner.
Thank you for your attention and likes.#九月加密市场能否突破？
