Trump is a businessman who has been in business for decades, going bankrupt four times, with his company being listed and then delisted. Recently, the Trump family discovered that the crypto world is where the money is abundant and people are foolish. After working hard for decades, it’s easier to issue a coin, call out a few coins, and engage in insider trading. A whale with 50 times leverage going long on BTC and ETH has a total position of $220 million; even a 2% drop would lead to liquidation. The behavior of whales using 50 times leverage is typical insider trading. With Trump taking office and issuing coins, the manipulation in the crypto market has become increasingly severe. The apocalypse of the financial market might look like this?
U.S. President Trump stated that the United States will begin to impose a 25% tariff on goods from Canada and Mexico starting Tuesday as planned, claiming there is no room for negotiation with these two neighbors. Trump has also indicated that he plans to raise tariffs on Chinese goods exported to the U.S. by another 10%.
After U.S. President Trump confirmed the 25% tariff on Canadian and Mexican goods, the U.S. stock market plummeted on Monday. The tech-heavy Nasdaq Composite Index fell 2.6%, leading the three major stock indexes. The Dow Jones Industrial Average dropped about 650 points, down 1.5%.
What is certain now is that Trump has been calling out trades recently, either buying in at the bottom himself or collecting advertising fees from others. The market was already in a state of stagnation, with a massive outflow of capital. Now there’s an even more devastating blow. It really counts as a slaughter waiting to be completed. Retail investors earn more than any money at all. From the BTC pattern, the possibility of continued decline exists, around 80,000, with no prior support or bottoming from the major players. Personally, I feel that after doing 1-2 waves of rebound and a false breakout rally, it will continue to decline. It will challenge previous highs, around 73,000-70,000. Currently, from a larger cycle perspective, it remains in a bear market, with the trend breaking down. It is not recommended for everyone to hold coins waiting for a rise, focusing on short-term trading instead. Reduce positions on rebounds, take profits, and run. Don’t be overly ambitious.
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