September 3, 2025 Market Analysis
Since last night, rumors about Trump's serious illness have suddenly circulated. Fortunately, during the evening live broadcast, Mr. Trump appeared normally and gave a brief speech. Despite Trump's trade barriers and his family's reckless money-making activities, I have never hoped for an American president's health as much as I do now. The reason is simple: as the most crypto-friendly president to date, he has indeed improved the current crypto policy environment significantly, attracting a large amount of Wall Street funds to the crypto space. It is conceivable that if something were to happen to Mr. Trump, it would be a short-term negative factor for the crypto space, as the underlying logic of this market rally comes from Wall Street's aggressive buying.
Of course, the American political system will not allow a vacuum of presidential power. Historically, 8 American presidents have suddenly passed away, of which 4 did so due to illness, and they were all succeeded directly by the sitting vice president. The current vice president, Vance, is also a crypto enthusiast, and his affinity for cryptocurrencies is even more pure, although his boldness is certainly not on par with Mr. Trump. Mr. Trump's health issues may slightly affect investor sentiment, but generally speaking, it will not cause fundamental harm. Nevertheless, I still hope for Mr. Trump's good health.
Another major event was the military parade in the morning. Putting aside other details, just considering the showcased weapons, it was truly shocking. I don't have much research on weapons; I mostly think they are impressive. However, seeing the last two nuclear missile formations was indeed stunning. During the first military parade in 1949, our country only had 2 planes, and they flew twice just to barely hold up the parade. Today, planes have become the most basic weaponry, with various heavy-duty equipment from major nations dazzling to behold. Human history is a discontinuous history of wars; a country must have solid military strength to defend itself when faced with foreign threats. Therefore, seeing our motherland's powerful capabilities is something to be proud of.
Finally, let's briefly talk about the market. Currently, the bearish momentum is still strong, especially as Ethereum continues to operate within the support range of 4200-4300, compounded by the weakening purchasing power of BNMR and SBET micro-strategies. This position is somewhat dangerous. However, the good news is that Bitcoin has shown signs of stabilizing first, and since this support range has fluctuated for a long time, a rebound will also be strong after successfully holding it. I estimate that this time is not far off. Currently, the number of Ethereum waiting to be staked and unstaked is almost balanced. Although this is not a direct confrontation between buying power and selling pressure, in a sense, this unprecedented large-scale turnover is still proceeding in an orderly manner.
Thank you for your attention and likes. #九月加密市场能否突破？
