Good morning, brothers. The market is calm.
BTC is as stable as a mountain, but other altcoins are starting to drop.
There is no bad news, but some altcoins have fallen by 5%.
The main concern is that BTC is at a high level, and a subsequent drop could negatively affect altcoins [crying]
Therefore, some large holders of altcoins and altcoin projects are selling coins, leading to the drop.
An incident happened yesterday: Coinbase leaked over 7,000 BTC.
This reflects that large holders have been aggressively buying the dip recently and withdrawing to their own wallets.
A Colombian company, Bitcoin Treasury Corporation, bought 292.8 BTC yesterday.
The US-listed company Bakkt announced today that it raised $1 billion, part of which may be used to invest in Bitcoin.
Coinbase CEO said, we are buying more Bitcoin every week.
At the same time, a White House digital asset policy advisor revealed today [you are strong].
The US is working on building a strategic BTC reserve infrastructure.
The US government is very inclined to increase Bitcoin holdings in a budget-neutral way.
The US core PCE price index will be released at 8:30 PM tonight.
Less than 2.6% is good news, otherwise, it's bad news.
Big movements should be coming soon, make sure to hold steady and don't sell off.
Now is not the right time for swing trading; it's recommended to primarily hold BTC.
It's better to enjoy together than alone; if you reach out, I can help pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
