On the Bitcoin chart:

Since the moment Trump was inaugurated until now, a clear secondary trend has appeared on the Bitcoin chart, and this trend was recently broken upwards, with multiple retests occurring within it. However, there is still a strong possibility that this movement is just a bullish trap.

As for Ethereum $ETH, it has been facing stubborn resistance since the beginning of the day, attempting to break it multiple times but returning to test it again without success so far.

If we are indeed at the beginning of a strong bullish wave, the daily close will be the decisive factor. If Bitcoin closes at $85,000 or higher, we can enter the market with greater confidence. However, if it fails to close above this level, there is a significant possibility that the price will return to the main downward trend, which could lead to a decline in alternative currencies by no less than 30%.

Currently, the best course of action is to wait and monitor the daily close. Either we will be among the first to benefit from the real rise, or we will be among the first to avoid falling into the distribution trap.

My opinion so far: What is happening now could be a trap, especially at this sensitive timing.