The Federal Reserve is about to change! As soon as Trump takes action, the crypto market will immediately 'rise dramatically'!
Trump wants to replace the head of the Federal Reserve, and the crypto market is going crazy.
Trump's team is looking for a new Federal Reserve chair, specifically targeting those 'who like to ease and are friendly to crypto'. For example, major shareholders of Coinbase, economists supporting rate cuts, and even tough individuals wanting to reform crypto regulation.
What does this mean?
Rate cuts may come faster and stronger: Money will be cheaper, and hot money will flood into Bitcoin and Ethereum.
Regulation may ease: Is the SEC always looking for trouble? If Trump’s people come to power, crypto companies might have it easier, even benefiting ETF approvals.
The market is already celebrating in advance, is Bitcoin about to hit 130,000?
As soon as the news broke, Bitcoin rose 8% last week, and Ethereum broke through 4,200 dollars. The market is betting on 'Trump in power, the Federal Reserve printing money wildly', and funds will flood into cryptocurrencies like a deluge.
Long Ge's perspective:
Bullish in the short term: If the July CPI data isn't too high, Bitcoin may continue to soar, possibly reaching 120,000.
But don’t get too excited: If Trump and Powell clash, or if international tensions suddenly rise, the market could crash unexpectedly.
What should ordinary people do?
Buy on dips: If Bitcoin pulls back to around 110,000, consider buying in batches.
Keep an eye on the news: On August 15, Trump is set to meet with Putin; if something big happens, the market could be highly volatile.
A bull market is here, don’t wait until it skyrockets to regret! Follow Long Ge, and he’ll help you catch every Federal Reserve easing move!