Current position adjusted between 45-50%, currently mainly building positions in large varieties, risk is controllable, small coins have the risk of being delisted and excessive fluctuations, do not heavily participate. 50% of the existing positions are in large coins, BTC, ETH, BNB, AAVE, CRV. The moving averages have begun to flatten, a major crash does not seem likely at the moment, it is more probable that there will be a gradual fluctuation/rise, with the moving averages flattening structure.

Market Overview:

Bitcoin has briefly fallen below multiple integer levels ($89,000, $88,000, $87,000, $86,000)

Over 150,000 people liquidated within 24 hours

The cryptocurrency market is declining across the board

Mainstream coins decline: ADA (-9%), DOGE (-8%), ETH (-6%), SOL (-5%)

Positive Factors to Note:

The U.S. government officially establishes a strategic Bitcoin reserve

The reserve size is about 200,000 Bitcoins

The government promises not to sell the Bitcoins in the reserve

Institutional investor confidence is increasing (government recognition is improving)

Risks to be Aware of:

The market may have already reacted in advance to positive expectations

Short-term needs more positive support for price

Other cryptocurrencies being included in reserves may trigger controversy

Details of policy implementation are yet to be clarified

Investment Advice:

Pay attention to the progress of policy implementation

Be wary of short-term volatility risks

Manage risks well

Differentiate the investment logic of Bitcoin from other crypto assets

Risk Warning:

The cryptocurrency market is highly volatile, investors need to make cautious decisions, reasonably control positions, and strictly implement stop-loss strategies. This analysis is for reference only and does not constitute investment advice.

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