Oh my god, Sichuan Dog’s words made the cryptocurrency world go on a roller coaster ride, and the dog dealer on the chain started cutting again!
Brothers, the cryptocurrency market has been so damn exciting these days!
The price of Bitcoin dropped to 74,000 a moment, and then pulled back to 83,000 a moment.
Ethereum also followed suit and went straight up to $1,600.
How can this be considered cryptocurrency speculation?
This is just playing with my heartbeat by following Chuan Gou’s Twitter!
Brothers, what’s going on with this market trend?
What are those dog coins on the chain doing?
And what should we do next, bottom-fishing or running away?
Don’t be impatient, just listen to what the big crocodile has to say.
Let's first talk about the trigger of this wave of market.
This old dog Trump is causing trouble again!
On April 3, he suddenly went crazy.
They said they would impose tariffs on the whole world.
Even allies were not spared. The market was terrified.
The price of the big cake fell from 88,000 to 82,000, and then China fought back.
Trump is even crazier, calling for a 50% tariff increase.
The price of the big cake directly reached 74,000.
The miners are starting to line up to go to the rooftop!
But who is Chuan Gou? He is such a drama queen!
Just two days later, they backed down again and announced a 90-day suspension of tariffs on countries other than China.
The market immediately reached a climax, U.S. stocks soared, and Bitcoin rose back to 83,000.
To put it bluntly, this is a political drama of forcing abdication.
Trump uses tariffs as a bargaining chip to force the Federal Reserve to cut interest rates to save the U.S. bond market.
Analyst Jinze is right, this is a technical rebound of short covering.
It's not that the fundamentals have improved at all! The market pricing has not returned to the level before April 2.
This shows that everyone is feeling insecure and is afraid that Trump will go crazy again one day!
What’s even more amazing is that Tether is printing 1 billion U on the Tron chain at this time.
This year, 8 billion USDT has been printed on the Tron chain.
Instead, 1 billion were destroyed on the Ethereum chain.
It is obvious that the dog dealers are hoarding ammunition on the Tron chain.
Get ready to do something!
Brothers, the chained dog is about to take off again.
Is your wallet ready?
The FARTCOIN fart coins on the chain can double.
The most magical thing about this wave of market is not the big cake,
But it’s the dog coins on the chain that even dogs don’t play with!
A few days ago, the big shark mentioned FARTCOIN (Fart Coin) to everyone.
It rebounded violently directly, and the dog dealer pulled up the stock price like a rocket!
And that RFC idiotic coin took off immediately after it was on CCTV News.
The market value is $80 million.
Now anyone can issue coins and reap the profits?
There are even more little golden dogs running around on the SOL chain.
VINE and POPCAT all follow Trump's tweets.
Now that the confrontation between China and the United States is so fierce, the political stalks are the wealth code of Dogcoin!
Previously, the coins mentioned by CZ and Yijie could rise, and now even the coins mentioned by CCTV can rise sharply.
On-chain casinos have entered the mindless poker stage!
But brothers, don’t get carried away!
These dog coins rise fast and die even faster!
For example, the RFC, FDV fully diluted valuation is 80M,
The market is controlled by the dog dealers behind the scenes. If you go all-in, there is a high probability that you will be treated as a leek and cut.
Remember, those who make money on the chain are always the first to ambush, and those who take over later can only serve as fuel!
Some people say that the pie is now a triple bottom, haha, you are so naive, brother.
The technical aspects are all drawn by the dog dealers for the leeks to see,
Those who said that Bitcoin has a triple bottom at 74,000,
Stupid dog who said a violent bull market is about to start!
The crocodile tells you,
This wave of plunge was all caused by one sentence from Trump.
What does it have to do with the technical aspect?
The miners couldn't bear it.
The capitulation rate is already the same as the 2022 bear market bottom.
The dog farm even eats up the miners.
Do you still want to make money by relying on technical skills?
Haha, you’re dreaming!
But you can listen to what the founder of BitMEX said.
He said if the Beautiful Treasury Volatility Index explodes again,
The Federal Reserve may be forced to release water, and then,
Bitcoin may surpass the US stock market and rise on its own!
The big guys think so too.
Now the price is close to the annual line of $76124, which seems to be supported.
But if Trump tweets about raising taxes again, there will be trouble in minutes!
The upper pressure level is 88,000. Only after breaking through can we say that the market has returned to high-level fluctuations.
But think about it, brothers. The Federal Reserve is now being forced by Trump to raise the threshold for interest rate cuts.
Kashkari even said that "the tariff war makes it more difficult to cut interest rates".
This round of rebound is purely due to the news.
Not a trend reversal at all!
Yesterday, the second batch of BN tokens were released.
Old faces such as ZEC, FTT, and JASMY are all on the list.
Especially FTT, SBF are both in jail,
bn wants to finish off the enemy, obviously he wants to clean up the mess!
Once these coins are delisted, their liquidity will drop to zero, and holders will have to sell their coins quickly!
For example, zombie coins such as ARDR and GPS,
The dog dealer has already run away, so why don’t you get off now and wait for the situation to go back to zero?
The wave of currency withdrawals shows that BN is protecting itself under strict supervision, but this also means that market funds,
The market will be more concentrated on mainstream coins and on-chain local coins. Brothers, don’t be attached to these junk coins.
Either play big cake ether, or go to the chain to gamble on local dogs,
The middle-tier altcoins will only get worse!
We really need to follow Trump's Twitter closely now.
But don’t take it seriously! This old man changes his policies three times a day.
The market fluctuations are all caused by his rhetoric. When good news comes, he will quickly enter and exit.
When bad news comes, run away quickly and don’t dream about long-term investment!
The local dog on the chain only plays in the early stage. Seeing the violent pull of FARTCOIN,
Don’t chase highs! Wait for a pullback to ambush the next wave.
When making money by playing games, they first pull up the market to attract attention and then dump the market to cash out.
The view of the big sharks is that if the price of Bitcoin stabilizes at 88,000, they will increase their positions.
The current market sentiment is still panic (greed index 39),
The rebound is not enough. When Trump calms down and the Fed loosens its monetary policy,
This is the real bull market!
Brothers, the cryptocurrency world has always been a bloody battlefield.
There is no easy money in the cryptocurrency world, only risking your life!
Trump's words can make Bitcoin rise or fall by thousands of dollars.
Tether can print 1 billion USDT in one night.
bn can turn a bunch of coins back to zero with just a flick of the finger.
In this kind of market, don’t believe in value investing, and don’t go all-in!
Either you develop a dog-slot mentality and ambush information in advance;
Either you just keep investing in BTC and wait for the Fed to loosen its monetary policy.
As for the local dogs on the chain? Just treat it as buying a lottery ticket. If you lose, you don’t feel bad, but if you win, you will get a young model from the club!
Finally, the same sentence: the bull market is born in despair.
Grow in doubt and die in revelry.
The current market situation is at most in the stage of suspicion.
The real carnival is yet to come!
But remember, don’t forget to cash out while you’re partying!
Okay, that’s all for today. If you like the style of Big Crocodile, please like, comment and follow me before leaving. Thank you.
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