[Crypto market in chaos! Trump makes a statement late at night, XRP, SOL, ADA are targeted! Market shakes, 220,000 people liquidated!]
Event Review: Trump's statement turned the crypto world upside down!
On the night of March 2, Trump suddenly announced on Truth Social: XRP, SOL, ADA will enter the U.S. strategic reserves, and BTC and ETH are the 'favorites'! Once the news broke, the three major altcoins surged instantly—XRP +20%, SOL +10%, ADA doubled! The entire crypto market's market cap soared 9% in one day, with $3.25 trillion disappearing.
But unexpectedly, Trump later deleted and modified his tweet, causing the market to fall into chaos. 220,000 people liquidated, $961 million vanished, and some lost 700% in 24 hours. An insider revealed: this operation was too sneaky, whales cleared their positions in advance, and small investors became the ones left holding the bag!
What does Trump really want?
💥Political tactics to gain votes:
During the 2024 election, crypto tycoons spent millions supporting Trump, and now he is 'returning favors' with policies.
The White House summit on March 7 is about to take place, releasing good news in advance to create momentum and also testing Congress's attitude.
Policy testing with a combination of punches:
Wants to use XRP, SOL, and other altcoins as 'cannon fodder' to exchange for a moderate plan of BTC and ETH (after all, the big players favor mainstream coins).
But the reserves of altcoins are criticized as 'outrageous', and the SEC is still fighting the lawsuit against XRP, with significant legislative resistance.
This week's market: March 7 summit is crucial!
March 6 CFTC Forum:
If compliance progress for stablecoins is made, small coins may rise 1%-3%; otherwise, there will be a direct crash.
March 7 White House Summit + Non-farm Data:
Bullish Scenario: If Trump clarifies the reserve status, XRP, SOL, and ADA may surge again (ADA target $1+).
Bearish Scenario: Non-farm data exceeds expectations (like 150,000+), Bitcoin may drop below $85,000, and another wave of liquidations may come.
Federal Reserve speaks:
If dovish signals are released, Bitcoin may break $95,000, and ETH may return to $2,600.
😡Technical Warning:
BTC: $86,000 is the bottom line, $95,000 is the ceiling, whales are secretly bottom-fishing, but inflow into exchanges is increasing.
ETH: Pay attention to the ETH/BTC exchange rate. If the summit mentions 'financial infrastructure', a rebound of 16 may occur.
Altcoins: XRP has SEC risks, SOL's key support is at $150, ADA has large pullback pressure, but policies may save the day.
Risk Warning:
Policy buys expectations but sells facts: pump before the summit, then dump after (refer to the Trump family's 'meme coin' crashing 80%).
Non-farm data: 143,000 previous value, exceeding expectations = liquidity tightening, and the crypto market collapses directly.
🚀🚀Strategy Advice:
Radical Party: Ambush XRP, SOL spots before the summit, set 5%-10% stop loss.
Conservative Party: Hold BTC/ETH + stablecoins, act when the market clarifies.
In summary: Trump is back to harvesting retail investors, and the March 7 summit will decide life and death! Altcoins may fluctuate over 80%, be careful not to become cannon fodder in a long-short massacre!
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