I took a short position on Trump around 15.8
Actually, Trump is very similar to Doge in 2022; this surge, testing new highs for the second time, will likely drop back to around 12.5 to find a bottom.
You can look for past instances where Doge was stimulated by news and then surged; many retraced after a second peak, consolidating for many days before trending ⬆️⬇️.
Trump is essentially a MEME, even replacing Doge's current position; previously it was the artificial bull created by Musk, now it’s the artificial bull created by Trump. The person has changed, but human nature hasn’t.
If it drops back to 12.5, I will observe from a short position. Let’s see which way it goes.