The first day of Bitcoin 2025 came to an end. What did the bigwigs say?
1⃣Donald Trump Jr., Trump’s eldest son: The floodgates of BTC are opening;
2⃣ David Sacks, Director of Cryptocurrency and Artificial Intelligence at the White House (Crypto Tsar): We believe that blockchain, BTC, and cryptocurrency are the financial system of the future;
3⃣ Trump Administration Executive Director: BTC is the gold standard;
4⃣ U.S. Senator Cynthia Lummis of Wyoming: Trump supports her BTC bill, which proposes to build a strategic BTC reserve and purchase 1 million BTC;
5⃣Robert Mitchnick, head of digital assets at BlackRock: BTC has much more room to rise than gold;
6⃣Bitwise CEO Hunter Horsley: If wealth managers allocate 1% of their funds to BTC, that would be hundreds of billions of dollars;
7⃣American fast food chain giant Steak 'N Shake: By accepting BTC payments, they will save 50% in transaction fees;
The current situation is very tangled:
- There is a short burst range above (114700), and **there is a long burst range below (106000), the market is waiting to see which side is fatter.
- Unable to go up: There are too many long orders below. Pulling up the market is equivalent to lifting the sedan chair for retail investors, and there are also pressure from spot sell orders.
- Unable to fall: The bears are not in a hurry to dump the stock and may be waiting for more bulls to enter the market.
Strategy:
- Don’t bet on the direction, wait for the market to choose its side.
- Enter and exit quickly in the short term, and don’t fight to the end.
- A big market trend will not start until one side’s liquidity is “eaten up”.
(It’s like tug-of-war. The market will explode on the side with more people. Let’s just watch the show now.)
BTC
After yesterday's 109170-109888 position plunder, continue to move downwards, and make sure to protect your capital while making profits! Pay attention to the low point of 106300. If it falls below, continue to wait for liquidity plunder in the 103780-102000 area!
ETH
Yesterday's tip was that if 2591 stood above, it would test 2670-2730 again, and the script would come true! Do a good job of protecting your capital during profit! At present, pay attention to the effectiveness of the support of the middle track position of 2670-2510. If it breaks, consider obtaining liquidity along the downward edge!
SUN
Currently pay attention to the pressure of 177-179, try to short with narrow loss here, and target the lower liquidity position of 167-165!
The information and data involved in the content are derived from publicly available materials, and we strive to be accurate and reliable, but we do not guarantee the accuracy and completeness of the information. The content does not constitute any investment advice, and you are responsible for your investment based on it!
