Trump's press conference proposed several shocking strategies, which may have triggered waterfall-level pullbacks in both the stock and cryptocurrency markets!
[Trump's press conference proposed several shocking strategies, with responses from multiple countries]
1️⃣ Golden Finance reported that at a press conference held at Mar-a-Lago, President-elect Trump made several shocking statements in just one hour and escalated his rhetoric regarding sovereignty issues with countries like Canada. He called for economic means to absorb Canada as part of the United States, not ruling out the use of force to seize the Panama Canal and Greenland, and demanded NATO countries increase defense spending to 5% of GDP.
2️⃣ He also vowed that if Hamas does not release Israeli hostages before he takes office, 'the Middle East will descend into chaos.' Moreover.
3️⃣ Trump also promised to rename the Gulf of Mexico to 'American Gulf.' Besides threatening to impose tariffs on uncooperative countries (including Denmark), he did not explain how these seemingly impossible promises would be fulfilled. In response, various parties reacted to Trump's statements.
4️⃣ Canadian Prime Minister Trudeau stated that Canada cannot become a state of the United States, and the country's foreign minister said they would never back down in the face of threats;
5️⃣ The Prime Minister of Denmark reiterated that Greenland is not for sale; the President of Panama responded that he would not preemptively assess Trump's remarks regarding the Panama Canal before Trump takes office.
6️⃣ Foreign media commented that Trump's rhetoric aligns with a bolder stance, implying that he believes he has the (public and electoral) mandate to speak and act almost at will.
Trump's statements at the press conference triggered a 'major earthquake' in the cryptocurrency market, taking advantage of the current pullback to enter 30% of positions, and adding 10% for every 10-point drop in the remaining positions, with an additional 20% on further drops, using a doubling strategy to lower the average cost! The overall direction still looks bullish, so buy BTC, ETH, SOL, BNB on dips.
