#WhiteHouseCryptoSummit
Guys, guys, guys! As expected, there was no major market movement following Trump’s crypto summit at the White House.
Like I’ve said many times before, Trump is here to promote himself, not crypto.
Just a few days ago, he announced that $XRP, $ADA, and Solana would be added to their strategic reserve. Interestingly, right before that announcement, a wallet took massive long positions—only to close them at the peak.
They positioned themselves early, dropped bullish news, and let retail traders jump in—only to walk away with the profits.
When markets react heavily to a single tweet or speech, it’s always a double-edged sword.
