Key focus on TRUMP, which may be the barometer of the market
BTC was originally just a weekly level rebound here, bouncing up and then going down to form a bottom. However, due to Trump's tariff issues, it directly broke through MA120, indicating a possible reversal.
Trump holds a dinner for major TRUMP holders, and with this kind of play, the crypto world may become Trump's personal cash machine. In the future, not only do we need to watch the market, but we also need to guess the intentions of Trump's team, as good or bad news can come out at any time. The only certainty is that moving forward, whether in leverage or contracts, we should avoid touching them as much as possible. This time it's a rebound with positive news, next time it could be a dip with negative news.
As I said, Trump can only accelerate the trend, not change it.
Trump chooses to release good news after TRUMP is unlocked, when no one dares to buy, and then eats up the short positions, indicating that Trump's team will not easily give up on TRUMP. Instead, they will continuously make money from this coin, and Trump's every word and action influences the overall market trend.
Summary
1. How it has risen during this period, there is definitely a day this month or next month when it will decline just as it has risen, I lean towards next month.
2. As long as it breaks below 91000, defensive liquidation is necessary, and if the weekly closes with a negative candle, defensive liquidation is also necessary.
3. Pay attention to the performance of the US stock market. If the US stock market is particularly strong next week and closes with a negative candle on Saturday, it could be a trap for the bulls, ultimately wiping out the long positions.
4. With such a pull here, many people start to become bullish. If it pulls up for another week, most people will definitely fear missing out.
Therefore, I still maintain my original view: either directly eliminate the bulls to find a bottom or gradually decline to find a bottom. I am not afraid of missing out at all; let it rise as it wishes, the gentle breeze caresses the mountain ridge.
Key observations.
1. TRUMP's trend.
2. The weekly closing of the US stock market.
3. Will Trump provide a specific timeline or promise?
4. Combine the specific market trend to see if 97000 can break through and stabilize.
Comprehensive judgment on who the main force wants to trap. $TRUMP
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