Short Crypto market overview today (9 jan) $BTC $ETH $SOL W | Crypto Yolo on Binance Square

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Short Crypto market overview today (9 jan)$BTC $ETH $SOL 
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Donald Trump’s Executive Orders on Cryptocurrency 📈 The White House has published a new release outlining key measures: 🔘 Establishing a cryptocurrency task force to strengthen the U.S.’s leadership in digital finance. 🔘 Task force objectives: • Develop a regulatory framework for the crypto market (including stablecoins). • Plan the potential creation of a crypto reserve. 🔘 Appointing David Sacks as the “crypto czar” to coordinate the group’s efforts. 🔘 Expert qualification control: Sacks will recruit the best specialists in the field of digital assets. 🔘 Executive Order: • Regulators are required to coordinate regulations and actions with the task force. • A complete ban on the issuance of CBDCs by government agencies. 🔘 Repealing the previous administration’s orders, which restricted the development of the crypto industry and weakened the U.S.’s economic freedom. These measures are aimed at strengthening the U.S.’s position as a global leader in digital finance. In the medium term, this is a very bullish signal. We’re likely to see a proper crypto bull run soon… However, it’s concerning that everyone is hyping this bull run right now. In past cycles, it looked like this: 1. Things were very quiet—no one was interested in or pushing crypto. 2. The market grew steadily and linearly. 3. When prices became overheated, the media started pushing similar news. 4. The market unloaded, and a bearish phase followed. What’s concerning now: the U.S. stock market is overheated, BTC is overheated, and altcoins lack sufficient liquidity. #BTCStateReserves

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$TRUMP will be pushed down to at least $24-28 (they need to scare people into selling, so they’ll drop it below the previous low to make it convincing). But I don’t plan on buying this Sh*** for now.

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According to analysis, 99% of traders eventually lose their deposits. And it’s no surprise, as they are up against: • Experienced market makers • Market manipulators • Teams of psychologists who understand human behavior • Advanced AI technologies • Insiders with access to key information In such conditions, winning becomes almost impossible.

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#TRUMP has an absolutely wild PR team that pulls off insane moves! 😂 I won’t even start on the meme coin before the inauguration, but the TikTok ban/reinstatement is a power move. Let me remind you, Trump was one of the first to try to shut it down in the U.S. back in 2020… and now he looks like the savior who put the “bad guys” in their place for trying to ban TikTok. It’s surreal and a brilliant hype move (for people who forget what happened yesterday). $TRUMP

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🚨The TikTok ban is Trump’s most brilliant PR move to boost his own ratings. Watch the sleight of hand by the 47th president of the United States: • Initially, Trump himself pushed for TikTok’s ban and even signed an executive order to that effect in 2020. • ByteDance successfully challenged the ban in court, arguing that Trump lacked the authority to issue such an order. Trump backed down and pursued a deal instead. • The deal proposed the creation of a new company, TikTok Global, headquartered in the U.S., with stakes owned by American companies Oracle and Walmart. • ByteDance ignored the deal and simply continued operating as usual. • Under Biden’s presidency, Republican-majority senators suddenly revisited TikTok and initiated another ban, citing concerns about spying on Americans. • Here’s the funny part: NOT A SINGLE piece of evidence of spying was ever made public. Yet, the app was banned under the premise of “it’s not spying now, but it might in the future.” • MOST of the senators voting for the ban were Republicans. • The final ban date was “coincidentally” set just one day before the inauguration of the new president. And now Trump, looking like a hero, is giving the social media platform another chance, winning over Zoomers and Millennials. Meanwhile, he’s essentially undoing the very thing he initiated back in 2020. #TRUMPOnBinance #Trump $TRUMP

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