I know the road to crypto is difficult and treacherous, but no matter how tough it gets, you must persistently move forward, because this is one of the few opportunities for ordinary people to attain freedom. The entire crypto space is still in its infancy and has a long way to go; perhaps 10 years, perhaps 20 years. Eventually, one day, Web3 will lead the era like the internet wave did, and there will come a day when a global consensus is reached. When that time comes, looking back, you will regret having missed so much, just like now lamenting not having exchanged those extremely cheap pizzas from Americans 15 years ago. We are already ahead of many outsiders just by being part of this vast ledger. ✊✊✊
Bitcoin will not drop below 100,000 in June, and will consolidate between 100,000 and 110,000 for two weeks to give everyone an opportunity to buy in, closing the monthly candle positively, and then starting a significant correction from the third quarter.
Bitcoin still has the possibility of making a secondary high this month, similar to the endpoint of the bull market in 2021.
Trump and Musk's relationship has eased, in fact, they are just acting to control market fluctuations.
Now the good news is coming out, indicating that it is about to end. Next, the focus will be on shorting during the rebound; Trump's team will take the opportunity to sell off, and institutions will follow closely behind, while retail investors are just there to pick up the pieces.
Personally, I am still holding my Bitcoin position.
Last year, why did they still stand shoulder to shoulder? Why this year form a new party?
Musk's capital empire was once seen as the 'chosen external aid' for Trump's campaign. With platforms like X (formerly Twitter) and Tesla, he can not only accurately reach voters through platform algorithms but also inject 'money power' into the campaign through the resources of his business empire. When Trump returned to the campaign stage in 2023, Musk's platform temporarily became his 'second live broadcast room' for policy announcements, even tacitly allowing his team to optimize voter profiles through data scraping—this combination of 'capital + traffic' gave Trump a temporary advantage in the Republican primary.
However, behind the warmth of capital lies the ever-pulsating abacus of interests. As Trump's campaign spending skyrocketed into the hundreds of millions, Musk's anxiety over 'return on investment' also intensified: on one hand, the political donations of tech giants face strict regulatory scrutiny; on the other hand, policies that Trump might implement if he wins (such as adjustments to subsidies for new energy) could backfire on Musk's business empire. More critically, history has long proven that when power completes its phase of 'capital transfusion', 'the bird is gone, the bow is put away' becomes the norm—from the suppression of Wall Street during the Kennedy era to the restrictions on tech oligarchs during the Reagan era, political strongmen have never truly tolerated the existence of 'decentralizers'.
Once the new party is established, the market is bound to crash.
Conclusion:
When capital stands up, truth must bow its head; when power stands up, capital becomes worthless.
Although we suffered a defeat yesterday, don't be discouraged. We've been profitable for so long that losing one trade is acceptable. You have to accept losses to achieve gains; guaranteed profits are impossible.
Gains are naturally precious, but being able to accept losses is also rare. We rise and fall together. Don't open trades out of revenge; wait for the right opportunity.
Lastly, I wish everyone a happy Dragon Boat Festival, and spend more time with your family! 😄😄
As for those who still doubt that I trade on a demo account, I feel speechless. I won't explain much; just look at the chart below for my real trading results. Gains and losses are in the tens of dollars, either I haven't opened any trades, or I've just broken even.