The Truth Behind Bitcoin's Rebound: The U.S. Government's Empty Promises, Retail Investors Get Cut Again!
Bitcoin just climbed back to $82,000 this morning, but this rebound is purely due to forced liquidations—$620 million was liquidated across the network in the past 24 hours, with a single unlucky trader on Binance having a $30 million liquidation.
What the big players are doing now is the old trick of "first breaking through psychological levels, then blowing up the shorts". Just look at that huge gap in CME futures; it's clear that institutions are manipulating the price.
Trump's talk of a "national Bitcoin reserve" is nothing but an empty check! The 200,000 bitcoins the government holds are all previously confiscated illicit funds, and any new purchases must be "without spending taxpayer money"; in other words, it's just a transfer between the Treasury's left hand and right hand.
Standard Chartered even imagined selling gold to buy Bitcoin, only to be slapped in the face by officials: Gold can curb inflation; what can Bitcoin do? An asset that fluctuates 10% in a day as a national reserve? It's not even enough to deceive the public!
What's more absurd are the attitudes of various states:
Montana, Wyoming, and others directly veto the bill to buy coins.
Utah plays word games, secretly deleting the "buy Bitcoin" clause.
Politicians are very clear-headed: Trade cryptocurrencies with public funds? If something goes wrong, they can't even save their own hats!
J.P. Morgan and Goldman Sachs have already warned that the U.S. economy will collapse by 2025, with GDP growth slashed to 1.5% and the recession probability rising to 20%. Trump's plan of "raising tariffs and cutting expenditures" looks impressive, but in reality, it's just drinking poison to quench thirst—short-term inflation and unemployment rates soar, while long-term U.S. dollar hegemony wavers.
The most dangerous change is in the logic of the financial markets:
Previously, gold, U.S. stocks, and the dollar were the three major safe-haven assets; now they are all failing.
The rise of Hong Kong and A-shares is due to capital having nowhere to escape, not because the economy is improving.
Bitcoin has long been hijacked by U.S. stock ETFs; it will definitely be the first to die when large institutions dump.
Don't believe the government’s nonsense about buying coins; politicians are even more ruthless than big players when it comes to throwing someone under the bus.
The $80,000 threshold has become a meat grinder; every rebound is just an opportunity to escape.
Keep an eye on the June Federal Reserve meeting; if the interest rate cut expectations fail, it will be the trigger for a sharp decline.
Keep cash on hand and wait for Trump’s policies to backfire to buy quality assets at the bottom.
Opportunities are just around the corner; in the upcoming layout direction, I will lead everyone to target the lucrative opportunities in altcoins, with an expected return of over 10 times being no problem. Like + comment, and I will guide you through the entire bull market!
