Blockchain is all a scam.
In this world, the most expensive breakup fee and argument cost might be the feud between Trump and Musk.
In one night, Tesla's market value evaporated by over 100 billion USD. Musk is at a loss for words.
We love to see such drama, where two people who once loved each other swear to be inseparable. Then they turn around and become enemies, fighting to the death, and the script written this way will be questioned and scolded.
I have taken sides in the conflict between Trump and Musk. However, you all can argue among yourselves, why drag my account into your fight? I'm just a small player, struggling to survive in a tight spot. It really reflects the saying, 'there are no perfect eggs under a collapsed nest.' The world is harvesting the weak.
Recently, I've been reminding everyone that a daily level pullback is approaching, and risks are getting closer. 110,000, let everyone short, 109,000 short, 106,500 short. I've always said that the big players cultivate a bullish mindset; if you are stubborn, you will surely be slaughtered.
As for Musk and Trump, we see them tearing each other apart, but who knows, they might be acting together. Politicians and capitalists prioritize their own interests. After a series of operations, short positions open up, and you sacrifice for their interests, lamenting and crying over their love-hate relationship. Perhaps they are just smoking cigars, drinking champagne, and counting money.
Turning around, they then say, I admire the other's courage and decisiveness; Trump is a great president. The entire financial market is easily manipulated by them.
Currently, from a daily level perspective, BTC has broken below the lifeline with a significant amount of capital fleeing. MACD has a death cross pointing down, indicating a continuing pullback trend. Spot traders should continue to wait. If it cannot effectively recover to 104,000, then the downtrend will definitely form; breaking below 100,000 is only a matter of time. Support around 95,000. Resistance around 106,000.
On the 1-hour level, MACD golden cross, short-term stabilization pattern appears, can go long at 1,015,000, stop loss at 100,000, or short at 1,035,000 on a rebound, stop loss near 1,040,000.
Currently, the long-term trend is downward. If spot traders don't know when to enter the market, they can wait for the sentiment indicator to drop near 20, then enter in batches.
Capital does not slaughter for no reason; it is all premeditated and planned. The trend is already downward; I have mentioned multiple times about the 6-7-8 pullback and consolidation, and the rally starting again in September-October. Is this the script? Let’s wait and see.
