Is the Bull Market over - Since Trump came to power, the market has begun to fall in a hurry, even if the Federal Reserve said that the good news that banks can hold Cryptocurrency, it has not given the market a significant boost, and the market is currently injecting more fresh and energetic funds, but it is still peeling off the cocoon. In this case, how can BTC, which requires such a large amount of capital, continue to maintain its price and continue to pump? Since the new money in the market has stagnated, it is necessary to start the game of existing funds, so as to wait for the next fuller narrative. Then there is the executive order signed by Trump, which includes the Trump administration's commitment to improve the regulatory environment for the encryption industry, and the executive order establishes a working group to develop a clear market structure and classification of digital assets ( such as securities, commodities, collectibles, and other ). In addition, the Trump administration plans to push the SEC to establish a "Cryptocurrency Enforcement Unit" to strengthen regulation of the encryption market. Mandatory tightening of regulation is not a good thing for the encryption market, which has been unregulated for many years. So this also drove the market down to a certain extent.


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Where will the price of BTC fall to? The price will definitely fall to a position below 97,200. Below 97,200 is around 95,500. I am more inclined to think that the price will reach the 95,500 level. Will the decline stop? I don't know, but I will closely observe these positions. This is what is likely to happen from a larger perspective. What should we do in the short-term market? It is mainly short, and the current market will likely continue to decline after the rebound. As for the strong pressure above, it is around 100,700, and further up is around 102,500. For now, I only see the possibility of a rebound near 100,700, but it is not high. So the possibility of reaching 102,500 is even lower. Once the price completes the rebound and starts to decline again, we will have to aim for below 98,000.
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The upper limit of Ether is around 2800, and it definitely won't go down at a high level. Then there is the story of Ether. The current hype about tariffs is meaningless. The digestion has almost been completed. Encryption can only focus on the strong control state. I feel that the possibility of the past is very small, so I consider buying around 2850-2920. Is it good news for the Ether Trump Fund to eat up? It has been grinding without finishing, so don't expect too much. Moreover, Trump's eating is done through OTC or other means. If eating directly in the market, Ether would have broken 10,000 a long time ago, so it is obviously a strong control state of shorting high and longing low.
TRUMP-1,48%
BTC-4,6%
ETH-4,8%
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