Trend reversal, the market correction is mainly for going long
五味子
--
The continuous surge in gold is certainly not a good omen! Everyone should closely monitor two places: first, the battlefield in Ukraine. If Trump is forced to withdraw, Ukraine and all of Europe will throw themselves into action. If Putin dares to use nuclear weapons, he will meet his end even faster! Second, Iran. The current conflict with the Houthis is merely a prelude to striking Iran. If Russia cannot mediate, the countdown to a combined attack by the US and Israel on Iran will begin!
Ukraine has rejected Trump's peace plan. Rubio has canceled his trip to London to discuss this plan today. The Ukrainians are incredibly tough.
The Chinese Ministry of Foreign Affairs hinted that China is willing to discuss tariff issues with the United States but will not do so under the ongoing threats from the Trump administration. A spokesperson for the Ministry of Foreign Affairs stated: "China's stance on the tariff war initiated by the US is very clear. We do not wish to fight, but we are not afraid of fighting. If it comes to fighting, we will accompany it to the end; if it comes to talks, our door is wide open."
Recently, this surge came almost without warning and was completely controlled by the market makers. However, a reversal pattern has appeared. After a pullback, the focus should be on going long. As for spot trading, enter during the pullback; it’s okay to hold cash for a while. Wait for the tariff war to truly settle down and for the Federal Reserve to lower interest rates; a surge is inevitable. This situation may arise in June. In any case, regardless of the situation, if BTC pulls back to around 100,000, it's time to run. All those national reserve plans are nonsense. No wonder those sovereign countries are hoarding gold. When asked about buying BTC, everyone just laughs without responding and takes no action. They have seen through America's tricks.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.