Trump starts selling Ethereum today, is ETH1450 a safe bet for making money?
Answer: Siblings, please don't!
Today, the suspected WLFI address began selling ETH, which has become the main topic, causing widespread panic selling among everyone. The paper losses for WLFI ETH have already exceeded 100 million, but at this moment, I hope everyone can hold their positions and not be swayed by the market's rhythm.
1. The same batch of unscrupulous media that spread panic today by reporting on WLFI's sale to Coinbase were the ones who claimed that WLFI's ETH had been sold early, right?
2. To correctly understand this event, one must first understand WLFI's operating model (as I detailed in my post in March).
Trump has not lost a penny on this.
3. Trump recently did lose 1 billion due to tariff issues, but not in the cryptocurrency market. According to Forbes magazine, the day before Trump announced his comprehensive tariff plan (April 2), his net worth was estimated at 5.1 billion dollars, but it has since shrunk to 4.1 billion dollars within a week, as his holdings in publicly traded stocks and private assets fell in sync with the broader financial market. Trump's biggest loss comes from his most valuable asset, the "Trump Media Technology Group," whose stock price has plummeted for three consecutive days following the announcement of Trump's tariff plan, hitting its lowest point since October last year.
4. Upon seeing the news of WLFI's sale today, I immediately thought of Bitcoin's lowest point of 15,400 dollars at the end of 2022, when the market's panic was no less than this. Wall Street analysts shouted that Bitcoin would fall below 5,000 dollars, creating panic, yet it later surged all the way to 100,000.
5. At such a difficult time when ETH is severely oversold, the market makers personally create negative news, which could very likely indicate the bottom!