Trump's trade has come to a conclusion, held for 5 days, incurred a drop of over 20%. Let's summarize this trade. Trump's operation: Shorted at $15.8 → Closed at $10, approximately 20% profit in 5 days. Reason:
1. Technical aspect: The price doubled from the bottom to $16, daily chart shows a "double top" (peaking at $16.7 twice before retreating), signaling a short-term peak.
2. Fundamental aspect: Trump is relying on "events" to pump up cryptocurrency, officials are questioning whether the events involve corruption, I assess there's a risk of a crash. $TRUMP