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Trump’s Crypto Summit will explore the possibility of adding Bitcoin and four other cryptocurrencies to the US Strategic Reserve, according to attendees. 🚀 $BTC Which coins do you think will make the list?
1. Federal Workforce Overhaul – Trump slammed the inefficiency of the federal government, using Elon Musk’s management style and the Department of Government Efficiency (DOGE) as examples, while highlighting instances of waste and corruption.
2. Tough Immigration Policy – Trump reinforced his hardline stance on immigration, framing immigrants as a threat to public safety, health, and order.
3. Limited Focus on Global Issues – While briefly addressing global conflicts, Trump touched on his efforts to free US citizens held by Hamas but spent little time on the ongoing situations in Ukraine and Gaza.
4. Democrats' Tepid Response – Despite initial protests from Democrats, their overall reaction was subdued after the removal of Representative Al Green.
5. Support for Tariffs – Trump reiterated his commitment to tariffs, suggesting new levies on Canada, Mexico, and China to protect American interests.
6. Economic Priorities – Trump stressed that tackling inflation and bolstering the economy, particularly for working-class families, remained a primary focus of his agenda.
7. Capture of Kabul Airport Bomber – In a significant development, Trump announced the capture of the individual responsible for the 2021 bombing at Kabul’s airport, which killed 13 US soldiers during the chaotic Afghanistan withdrawal.
$RED surged to $1.60, but it's now pulling back to around $0.84. Is this a dip-buy opportunity or the beginning of a deeper correction? Let's break it down!
Key Observations:
✅ Strong breakout to $1.60. ✅ Sharp pullback, now testing support in the $0.80–$0.85 range. ✅ Volume is decreasing, indicating a potential cooldown.
Trading Strategy:
🔹 Bullish Case: If $RED regains $1.00, we could see a rally back to $1.20–$1.50. 🔹 Dip Buy Zone: If $0.80–$0.85 holds as support, this could be a prime bounce area. 🔹 Bearish Case: If $RED falls below $0.75, further downside to $0.60–$0.65 is possible.
Risk Warning:
The market is highly volatile—trade carefully, set stop-losses, and avoid chasing the hype!
Are you trading $RED? What's your plan moving forward? 💬👇