$ETH #Binance Smart Trading This congressional speech, although not mentioning the cryptocurrency industry, still made the market tremble with fear, after all, whenever he speaks, both longs and shorts have to sweat.
Last night’s market experienced significant volatility, primarily because the market brought forward interest rate cut expectations to May. In the middle of the night, in a burst of excitement, the crypto space followed suit with ups and downs.
Summary of Trump's speech:
1. Bragging Opening: America is Back Trump started by saying "America is back again," claiming that in his first six weeks in office, he achieved things that others couldn’t accomplish in four or eight years. He referred to this period as "the greatest and most successful era in American history," full of confidence.
2. Economic Card - Saving the Grocery Basket: He prioritized saving the economy, stating he wants to relieve the burden on working families. He directly pointed to the "economic disaster" and "inflation nightmare" left by the previous administration, such as soaring energy and grocery prices, which made it unaffordable for many to buy things. He promised to immediately address these "grocery basket issues."
3. Tough Immigration Stance: He demanded that illegal immigrants who steal or commit violent crimes should be arrested. He cited the case of a girl killed by an illegal immigrant in Georgia (her family was even invited to the event), emphasizing that after he took office, border arrests reached a 25-year low and that he would continue to crack down.
4. Calling Out Opponents: Let’s Work Together At the end of his speech, he surprisingly called out to the Democrats, saying, "Let’s celebrate America’s victory together tonight," hoping both sides would cooperate to "make America great again."
This speech was very "Trump-style"—first bragging about achievements, then shifting the blame to predecessors, and finally focusing on economic and immigration issues to attract supporters.