March 3rd Morning News. Trump once again calls for a single, sparking a wave of crypto frenzy. ADA SOL XPR take off simultaneously, have you positioned yourself? This is not just a catch-up, only a few altcoins are soaring. Those who haven't positioned themselves should hurry up and take a look. There are token recommendations at the end.
1; Trump posted on social media that after years of suppression by the Biden administration, the U.S. cryptocurrency reserves will elevate the status of this key industry, including strategic reserves of cryptocurrencies such as XRP, SOL, and ADA. This information undoubtedly injects a shot of adrenaline into the sluggish crypto market.
2; Next week, ENA, SUI, and BERA will have significant unlocks. This may have some impact on the holders of these three coins. Ling Ge suggests taking profits if possible; BERA's recent performance has been too dazzling. Look for opportunities to buy back at lower levels. Among them, ENA's unlock amount is huge, and if there is no significant benefit, those who bought ENA and are stuck may have little hope of breaking even.
3; Future trends of Bitcoin.
Bitcoin has seen a strong surge this time, and it is estimated to find a correction around the 86000 position before experiencing a comprehensive surge. Support is at the 86000 area, while resistance is at 95000.
4; Altcoins have basically stopped following the downturn. As mentioned before, retail investors are stuck at high positions and are too lazy to take losses, plus the market makers are already supporting the prices. The most obvious is that ACT has a solid bottom that cannot be broken. If it breaks, ACT would essentially be done for.
Focus on tokens.
TST; Current price 0.8. As the market clarifies, CZ previously mentioned a push for DOGE, and with CZ's celebrity effect, there’s no worry about BSC chain's popularity. TST is performing strongly and is currently at a bottom position where some can be positioned.
WIF; Current price 0.7, with an upward target of 0.85. Recently, WIF's performance has been strong, but it is only on a small scale; daily performance has been terrible, having dropped over 80% from the top.
TRUMP; And then there’s Trump, with most chips concentrated around the 15-17 range. We positioned in Trump at 12. A public call at 14 has already seen a 20% increase. This time Trump endorses SOL, XPR, and ADA. What's next? Keep a long-term perspective.
In this market, someone is making money, provided you position yourself in advance. The same chips, buying at the bottom and buying at the top are two different concepts. If you don’t keep up with Ling Ge’s rhythm, you won’t have a place to slap your thigh.
