All friends in the cryptocurrency circle, please note that the Bitcoin price fluctuated at a high level in the short term over the weekend, and the daily level went all the way north, once again taking the step of not recognizing relatives. Regarding the trend in the evening, Lao Jiu would like to emphasize a few points to prevent friends from not seeing it!

1. Comrade Jianguo is about to move into the White House again, which is nothing more than the biggest positive for the crypto market! Its positive test for the crypto market tends to be long-term positive! This is obvious to all!

2. For the current market, Trump's inauguration ceremony on January 20 will be the most critical event. It is necessary to prepare for any unexpected remarks that may appear. The factors driving the trend of Bitcoin are the uncertainty of global macroeconomics and geopolitical conflicts;

3. In the short term, if the Fed slows down the pace of interest rate cuts, it will be beneficial to the US dollar. Logically, it will eliminate the obstacles to the rise of Bitcoin. The trend may hit the previous high resistance level. It is recommended to maintain a long-term mindset!

4. According to Bloomberg, the Securities and Exchange Commission of Thailand (SEC) is considering approving the listing of Bitcoin exchange-traded funds (ETFs) on local exchanges.

Pornanong Budsaratragoon, secretary general of the Thai SEC, said that if approved, this would be the first opportunity for residents to invest directly in a Bitcoin ETF in the country.

Currently, Thailand can only access overseas Bitcoin ETFs through a fund of funds product launched by One Asset Management in mid-2024.

Have a good weekend! Like, follow, and forward are the greatest support!#TRUMPon Binance Spot#Trumppre-inauguration trend analysis